Midwest Trust Co Buys 34,005 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Midwest Trust Co boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 184.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,483 shares of the company’s stock after purchasing an additional 34,005 shares during the quarter. Midwest Trust Co’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,914,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JEPQ. Morgan Stanley boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after purchasing an additional 1,408,923 shares in the last quarter. LPL Financial LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after buying an additional 589,696 shares in the last quarter. Bank of America Corp DE raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock worth $678,061,000 after buying an additional 651,461 shares during the period. Wells Fargo & Company MN raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock worth $476,315,000 after buying an additional 383,927 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after acquiring an additional 748,170 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.60 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72. The stock has a 50 day moving average price of $60.07 and a two-hundred day moving average price of $58.68. The stock has a market capitalization of $39.81 billion, a PE ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.6366 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%. The ex-dividend date was Wednesday, July 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.