Wealthfront Advisers LLC Buys 38,788 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Wealthfront Advisers LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 332,015 shares of the company’s stock after acquiring an additional 38,788 shares during the period. Wealthfront Advisers LLC owned approximately 0.05% of JPMorgan Nasdaq Equity Premium Income ETF worth $18,433,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also 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 second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares during the period. Morgan Stanley boosted its position in shares of 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 worth $1,308,157,000 after purchasing an additional 1,408,923 shares in the last quarter. Equitable Holdings Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% in the 4th quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock valued at $111,739,000 after buying an additional 1,231,809 shares during the period. LPL Financial LLC grew its holdings in shares of 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 valued at $865,032,000 after buying an additional 589,696 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after buying an additional 496,258 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.26 on Friday. The company has a market capitalization of $39.55 billion, a PE ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The stock’s fifty day simple moving average is $60.11 and its 200 day simple moving average is $58.70.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.6366 dividend. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date was Wednesday, July 1st.

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.