JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Private Client Services LLC

Private Client Services LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 71.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,725 shares of the company’s stock after buying an additional 11,156 shares during the quarter. Private Client Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,643,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Global Wealth Strategies & Associates lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the 2nd quarter. Global Wealth Strategies & Associates now owns 11,252 shares of the company’s stock worth $692,000 after purchasing an additional 799 shares during the last quarter. MTM Financial Group LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.1% in the first quarter. MTM Financial Group LLC now owns 127,568 shares of the company’s stock valued at $7,083,000 after buying an additional 8,510 shares in the last quarter. PVG Asset Management Corp lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 444.9% during the 1st quarter. PVG Asset Management Corp now owns 280,457 shares of the company’s stock worth $17,158,000 after buying an additional 228,985 shares during the last quarter. S&A Financial Services Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth about $3,589,000. Finally, FAS Wealth Partners Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.0% during the 1st quarter. FAS Wealth Partners Inc. now owns 79,708 shares of the company’s stock worth $4,425,000 after acquiring an additional 2,345 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $58.34 on Tuesday. The stock’s 50-day simple moving average is $59.70 and its 200-day simple moving average is $58.65. The firm has a market capitalization of $39.92 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd will be paid a $0.705 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. This represents a c) annualized dividend and a yield of 14.5%. The ex-dividend date is Monday, August 3rd.

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.