Sfmg LLC Invests $931,000 in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sfmg LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,026 shares of the company’s stock, valued at approximately $931,000.

A number of other institutional investors have also made changes to their positions in the business. Howard Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock worth $214,000 after purchasing an additional 173 shares in the last quarter. Montz Harcus Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock worth $243,000 after purchasing an additional 176 shares in the last quarter. Fortis Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the third quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock worth $411,000 after purchasing an additional 177 shares in the last quarter. CPC Advisors LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock worth $1,639,000 after buying an additional 178 shares during the last quarter. Finally, Planning Directions Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the fourth quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock worth $2,643,000 after buying an additional 184 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3%

Shares of JEPQ opened at $61.15 on Friday. The company has a market cap of $38.67 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 $51.82 and a 1-year high of $61.17. The company’s fifty day simple moving average is $58.25 and its 200 day simple moving average is $58.25.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.591 per share. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date was Friday, May 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.