197,178 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Acquired by Independent Financial Group LLC

Independent Financial Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 197,178 shares of the company’s stock, valued at approximately $10,947,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPQ. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $27,000. Sankala Group LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $28,000. Navalign LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $33,000. Russell Investments Group Ltd. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Finally, Archer Investment Corp acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $59.26 on Friday. The firm has a market cap of $39.55 billion, a PE ratio of 32.17 and a beta of 0.81. The company has a 50-day moving average of $60.11 and a two-hundred day moving average of $58.70. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders 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 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.