PNC Financial Services Group Inc. Purchases 168,954 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

PNC Financial Services Group Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 47.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 522,729 shares of the company’s stock after acquiring an additional 168,954 shares during the period. PNC Financial Services Group Inc. owned approximately 0.08% of JPMorgan Nasdaq Equity Premium Income ETF worth $29,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Cerity Partners LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the second quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock valued at $2,091,000 after purchasing an additional 20,946 shares during the period. Diversify Advisory Services LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after purchasing an additional 2,045 shares during the period. Diversify Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.2% in the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after purchasing an additional 2,566 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.96 on Friday. The stock has a market cap of $39.11 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. The stock has a 50 day moving average price of $59.99 and a 200-day moving average price of $58.71. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.6366 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 13.2%.

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.