JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Money Concepts Capital Corp

Money Concepts Capital Corp raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,337 shares of the company’s stock after acquiring an additional 8,930 shares during the period. Money Concepts Capital Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,262,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Logan Capital Management Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $27,000. Hantz Financial Services Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after buying an additional 351 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $33,000. Root Financial Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $34,000. Finally, Archer Investment Corp acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

Shares of NASDAQ JEPQ opened at $59.72 on Tuesday. The stock has a 50 day simple moving average of $57.46 and a 200-day simple moving average of $58.09. The company has a market cap of $37.77 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $51.71 and a 12-month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.591 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 11.9%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.