33,779 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Acquired by TrustBank

TrustBank purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 33,779 shares of the company’s stock, valued at approximately $1,963,000. JPMorgan Nasdaq Equity Premium Income ETF comprises about 0.8% of TrustBank’s investment portfolio, making the stock its 16th largest holding.

Several other hedge funds have also added to or reduced their stakes in JEPQ. Russell Investments Group Ltd. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $33,000. Cerity Partners LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after purchasing an additional 20,946 shares during the last quarter. Diversify Advisory Services LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock worth $370,000 after purchasing an additional 2,045 shares during the last quarter. Diversify Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock worth $1,025,000 after purchasing an additional 2,566 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

NASDAQ:JEPQ opened at $60.60 on Wednesday. The stock has a market cap of $38.33 billion, a P/E ratio of 32.17 and a beta of 0.82. The stock has a 50 day simple moving average of $58.03 and a 200 day simple moving average of $58.19. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $51.82 and a 1-year high of $60.61.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a $0.591 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 11.7%.

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.