16,724 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Acquired by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,724 shares of the company’s stock, valued at approximately $1,028,000.

Other hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% during the fourth quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock valued at $6,532,000 after purchasing an additional 13,200 shares in the last quarter. Clear Creek Financial Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 49.9% in the 4th quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock worth $1,631,000 after purchasing an additional 9,340 shares in the last quarter. Sunpointe LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.4% in the 4th quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock worth $4,122,000 after purchasing an additional 10,901 shares in the last quarter. RWQ Financial Management Services Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,521.4% during the 4th quarter. RWQ Financial Management Services Inc. now owns 196,750 shares of the company’s stock valued at $11,435,000 after purchasing an additional 193,250 shares during the last quarter. Finally, Emissary Wealth LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $1,002,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1%

Shares of NASDAQ JEPQ opened at $59.34 on Friday. The stock’s 50-day moving average is $59.62 and its 200 day moving average is $58.66. The stock has a market cap of $40.60 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. 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 Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a dividend of $0.705 per share. The ex-dividend date was Monday, August 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. This represents a c) dividend on an annualized basis and a yield of 14.3%.

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.