Citizens Financial Group Inc. RI Purchases 12,943 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Citizens Financial Group Inc. RI increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 27.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,690 shares of the company’s stock after acquiring an additional 12,943 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,504,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of JEPQ. Bank of America Corp DE raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after acquiring an additional 1,533,280 shares during the period. Rakuten Investment Management Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $58,197,000. Ameriprise Financial Inc. raised 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 acquiring an additional 748,170 shares during the period. Jones Financial Companies Lllp raised 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 acquiring an additional 398,695 shares during the period. Finally, SageGuard Financial Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $21,290,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $58.86 on Friday. The firm’s 50-day moving average is $57.33 and its 200-day moving average is $58.01. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.07 and a 52-week high of $60.14. The company has a market cap of $37.13 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 5th. Investors of record on Friday, May 1st will be given a dividend of $0.591 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 12.0%.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.