JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 53.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 112,796 shares of the company’s stock after purchasing an additional 39,459 shares during the period. Money Concepts Capital Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,262,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in JEPQ. D.A. Davidson & CO. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% in the 4th quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock valued at $6,532,000 after acquiring an additional 13,200 shares during the period. Ethos Capital Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $1,105,000. Clear Creek Financial Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% during the 4th quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock worth $1,631,000 after acquiring an additional 9,340 shares during the period. Sunpointe LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 18.4% during the 4th quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock worth $4,122,000 after acquiring an additional 10,901 shares during the period. Finally, Cadence Bank grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.9% in the third quarter. Cadence Bank now owns 100,298 shares of the company’s stock worth $5,769,000 after purchasing an additional 27,546 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $60.24 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The stock’s fifty day moving average is $60.03 and its 200-day moving average is $58.67. The firm has a market capitalization of $40.24 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 12.7%.

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.