JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,038 shares of the company’s stock after acquiring an additional 10,111 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in JEPQ. Bank of America Corp DE lifted 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 acquiring an additional 1,533,280 shares in the last quarter. Rakuten Investment Management Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $58,197,000. Ameriprise Financial Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after buying an additional 748,170 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,302,995 shares of the company’s stock worth $74,596,000 after buying an additional 398,695 shares in the last quarter. Finally, SageGuard Financial Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $21,290,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $58.83 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $49.80 and a 12 month high of $60.14. The firm has a market capitalization of $36.62 billion, a P/E ratio of 32.17 and a beta of 0.83. The company’s fifty day moving average price is $57.19 and its two-hundred day moving average price is $57.95.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.5586 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 11.4%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51.

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.