Pasadena Private Wealth LLC Increases Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Pasadena Private Wealth LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 52.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,549 shares of the company’s stock after purchasing an additional 8,800 shares during the period. Pasadena Private Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,418,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JEPQ. Morgan Stanley raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after buying an additional 1,408,923 shares during the period. LPL Financial LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after acquiring an additional 589,696 shares during the period. Bank of America Corp DE increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the third quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock worth $678,061,000 after acquiring an additional 651,461 shares during the last quarter. Wells Fargo & Company MN increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the fourth quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock worth $476,315,000 after acquiring an additional 383,927 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock valued at $255,416,000 after purchasing an additional 748,170 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.42 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72. The business’s fifty day simple moving average is $59.81 and its 200-day simple moving average is $58.56. The firm has a market cap of $37.58 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.5644 dividend. The ex-dividend date was Monday, June 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.