JPMorgan Nasdaq Equity Premium Income ETF $JEPQ is SageGuard Financial Group LLC’s 5th Largest Position

SageGuard Financial Group LLC cut its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 352,467 shares of the company’s stock after selling 13,846 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 3.0% of SageGuard Financial Group LLC’s holdings, making the stock its 5th largest position. SageGuard Financial Group LLC owned approximately 0.06% of JPMorgan Nasdaq Equity Premium Income ETF worth $19,569,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Morgan Stanley raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the fourth quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after acquiring an additional 1,408,923 shares in the last quarter. LPL Financial LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after purchasing an additional 589,696 shares in the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock worth $678,061,000 after purchasing an additional 651,461 shares during the period. Wells Fargo & Company MN increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock valued at $476,315,000 after purchasing an additional 383,927 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the 3rd 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 in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $59.42 on Monday. The firm has a fifty day moving average price of $59.81 and a 200 day moving average price of $58.56. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The stock has a market cap of $37.58 billion, a P/E ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

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