Optima Capital LLC Makes New $783,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Optima Capital LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 13,614 shares of the company’s stock, valued at approximately $783,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chapin Davis Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the third quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock valued at $1,749,000 after buying an additional 183 shares during the last quarter. Joseph P. Lucia & Associates LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.5% during the 3rd quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock valued at $2,080,000 after acquiring an additional 192 shares in the last quarter. SlateStone Wealth LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.3% in the 2nd quarter. SlateStone Wealth LLC now owns 66,490 shares of the company’s stock valued at $3,617,000 after acquiring an additional 199 shares during the last quarter. Balefire LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 3rd quarter. Balefire LLC now owns 4,287 shares of the company’s stock worth $247,000 after purchasing an additional 202 shares in the last quarter. Finally, Forum Financial Management LP lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.7% in the 2nd quarter. Forum Financial Management LP now owns 4,680 shares of the company’s stock worth $255,000 after purchasing an additional 209 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $59.17 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The stock has a market cap of $33.40 billion, a PE ratio of 32.17 and a beta of 0.83. The stock has a 50 day moving average price of $58.36 and a 200 day moving average price of $56.91.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a $0.5761 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date was Wednesday, December 31st.

JPMorgan Nasdaq Equity Premium Income ETF 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.