Geneos Wealth Management Inc. Buys 22,486 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Geneos Wealth Management Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 128,343 shares of the company’s stock after purchasing an additional 22,486 shares during the period. Geneos Wealth Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,126,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the fourth quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after buying an additional 1,408,923 shares in the last quarter. LPL Financial LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after acquiring an additional 589,696 shares in the last quarter. Bank of America Corp DE boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock worth $678,061,000 after acquiring an additional 651,461 shares during the last quarter. Wells Fargo & Company MN boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock worth $476,315,000 after acquiring an additional 383,927 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.4% during the 4th quarter. Royal Bank of Canada now owns 4,088,702 shares of the company’s stock worth $237,636,000 after acquiring an additional 134,367 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.4%

NASDAQ JEPQ opened at $59.26 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72. The company has a market capitalization of $39.55 billion, a PE ratio of 32.17 and a beta of 0.81. The firm’s 50 day moving average is $60.11 and its 200-day moving average is $58.70.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced 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 of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 12.9%.

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.