Readystate Asset Management LP Purchases New Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Readystate Asset Management LP acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 11,306 shares of the company’s stock, valued at approximately $628,000.

Several other institutional investors have also added to or reduced their stakes in JEPQ. Logan Capital Management Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $27,000. Sankala Group LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $28,000. Navalign LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $33,000. Russell Investments Group Ltd. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $33,000. Finally, Archer Investment Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.14 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72. The stock’s 50 day simple moving average is $59.82 and its two-hundred day simple moving average is $58.67. The stock has a market cap of $37.94 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.6366 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.6%. The ex-dividend date was Wednesday, July 1st.

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.