Renaissance Technologies LLC Purchases New Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Renaissance Technologies LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 102,614 shares of the company’s stock, valued at approximately $5,697,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JEPQ. Logan Capital Management Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $27,000. Sankala Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $28,000. Navalign LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $33,000. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $33,000. Finally, Archer Investment Corp bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.3%

Shares of NASDAQ JEPQ opened at $59.38 on Thursday. The firm’s 50-day moving average price is $59.65 and its 200-day moving average price is $58.66. The stock has a market capitalization of $40.63 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.705 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. This represents a c) annualized dividend and a yield of 14.2%.

About JPMorgan Nasdaq Equity Premium Income ETF

(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.

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

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