Members Advisory Group LLC Acquires 20,624 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Members Advisory Group LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 16.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 143,039 shares of the company’s stock after acquiring an additional 20,624 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 3.1% of Members Advisory Group LLC’s investment portfolio, making the stock its 13th biggest position. Members Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,314,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $27,000. Hantz Financial Services Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after purchasing an additional 351 shares during the last quarter. Russell Investments Group Ltd. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $33,000. Root Financial Partners LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $34,000. Finally, Guerra Advisors Inc bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $40,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1%

Shares of JEPQ stock opened at $58.64 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $48.13 and a 12-month high of $60.14. The company has a market capitalization of $36.50 billion, a P/E ratio of 32.17 and a beta of 0.83. The firm has a 50-day moving average price of $57.15 and a 200 day moving average price of $57.94.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a dividend of $0.5586 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 11.4%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.