JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 23.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,558 shares of the company’s stock after buying an additional 7,732 shares during the quarter. Smartleaf Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,101,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Blodgett Wealth Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $331,000. Investor s Fiduciary Advisor Network LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $1,400,000. US Bancorp DE grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.7% in the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock worth $1,475,000 after acquiring an additional 2,978 shares during the last quarter. Selway Asset Management acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth $207,000. Finally, Howard Capital Management Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.9% in the 1st quarter. Howard Capital Management Inc. now owns 376,654 shares of the company’s stock worth $19,503,000 after acquiring an additional 43,049 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.3%

Shares of NASDAQ JEPQ opened at $55.67 on Friday. The stock has a market capitalization of $29.08 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84. The stock’s fifty day simple moving average is $54.54 and its 200 day simple moving average is $53.31. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 5th. Stockholders of record on Friday, August 1st were issued a dividend of $0.4438 per share. The ex-dividend date was Friday, August 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%.

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.