Wealthfront Advisers LLC Buys 38,788 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Wealthfront Advisers LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQFree Report) by 13.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 332,015 shares of the company’s stock after buying an additional 38,788 shares during the quarter. Wealthfront Advisers LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $18,433,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $27,000. Sankala Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $28,000. Navalign LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $33,000. Russell Investments Group Ltd. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $33,000. Finally, Archer Investment Corp bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $59.26 on Friday. The company has a market capitalization of $39.55 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. The business’s 50-day moving average price is $60.11 and its two-hundred day moving average price is $58.70. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.6366 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.9%.

JPMorgan Nasdaq Equity Premium Income ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

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