RWQ Financial Management Services Inc. Buys 193,250 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

RWQ Financial Management Services Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5,521.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,750 shares of the company’s stock after acquiring an additional 193,250 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for 5.3% of RWQ Financial Management Services Inc.’s holdings, making the stock its 11th biggest position. RWQ Financial Management Services Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $11,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $58,197,000. Ameriprise Financial Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after purchasing an additional 748,170 shares in the last quarter. Jones Financial Companies Lllp increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 44.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,302,995 shares of the company’s stock worth $74,596,000 after purchasing an additional 398,695 shares in the last quarter. Finally, SageGuard Financial Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $21,290,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $58.86 on Friday. The business has a 50 day simple moving average of $57.33 and a 200 day simple moving average of $58.02. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.07 and a 52-week high of $60.14. The stock has a market cap of $37.13 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 5th. Investors of record on Friday, May 1st will be paid a dividend of $0.591 per share. This represents a c) dividend on an annualized basis and a yield of 12.0%. The ex-dividend date of this dividend is Friday, May 1st.

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.