1,013,700 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,013,700 shares of the company’s stock, valued at approximately $58,197,000. Rakuten Investment Management Inc. owned approximately 0.19% of JPMorgan Nasdaq Equity Premium Income ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.7% in the second quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after buying an additional 7,027,261 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of 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 valued at $605,843,000 after purchasing an additional 1,533,280 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the second quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock valued at $212,896,000 after purchasing an additional 94,985 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after purchasing an additional 496,258 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Osaic Holdings Inc. now owns 3,589,375 shares of the company’s stock worth $195,284,000 after purchasing an additional 329,963 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.7%

NASDAQ:JEPQ opened at $57.92 on Wednesday. The business’s 50-day moving average is $58.39 and its 200 day moving average is $57.08. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $59.42. The company has a market capitalization of $33.47 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.5761 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 11.9%.

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.