WNY Asset Management LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

WNY Asset Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 54,846 shares of the company’s stock, valued at approximately $3,045,000.

A number of other institutional investors have also made changes to their positions in the business. D.A. Davidson & CO. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% in the 4th quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock worth $6,532,000 after purchasing an additional 13,200 shares during the last quarter. Ethos Capital Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $1,105,000. Clear Creek Financial Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 49.9% during the fourth quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock valued at $1,631,000 after acquiring an additional 9,340 shares during the period. Sunpointe LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 18.4% in the fourth quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock valued at $4,122,000 after acquiring an additional 10,901 shares during the last quarter. Finally, RWQ Financial Management Services Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 5,521.4% in the fourth quarter. RWQ Financial Management Services Inc. now owns 196,750 shares of the company’s stock worth $11,435,000 after purchasing an additional 193,250 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6%

Shares of JEPQ stock opened at $58.25 on Friday. The firm has a market cap of $39.68 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The stock has a 50-day moving average price of $59.74 and a 200 day moving average price of $58.66.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. This represents a c) dividend on an annualized basis and a dividend yield of 13.1%. The ex-dividend date of this dividend 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.