JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 756.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,777 shares of the company’s stock after purchasing an additional 28,948 shares during the quarter. WealthPlan Investment Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,905,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of JEPQ. Bank of America Corp DE raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after purchasing an additional 1,533,280 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $58,197,000. Ameriprise Financial Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in 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. Jones Financial Companies Lllp raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,302,995 shares of the company’s stock valued at $74,596,000 after purchasing an additional 398,695 shares in the last quarter. Finally, SageGuard Financial Group LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $21,290,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $59.77 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $51.71 and a twelve month high of $60.14. The firm’s fifty day simple moving average is $57.64 and its 200-day simple moving average is $58.13. The firm has a market capitalization of $37.80 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a $0.591 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date was Friday, May 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.