Sfmg LLC Acquires Shares of 16,026 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sfmg LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 16,026 shares of the company’s stock, valued at approximately $931,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. D.A. Davidson & CO. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 13.3% in the fourth 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 in the last quarter. Choreo LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 499.0% in the third quarter. Choreo LLC now owns 59,746 shares of the company’s stock valued at $3,437,000 after acquiring an additional 49,772 shares in the last quarter. Clear Creek Financial Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 49.9% in the fourth quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock valued at $1,631,000 after acquiring an additional 9,340 shares in the last quarter. Ethos Capital Management Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $1,105,000. Finally, Caprock Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $1,901,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $61.15 on Friday. The company’s 50-day simple moving average is $58.25 and its 200 day simple moving average is $58.25. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $51.82 and a 52 week high of $61.17. The company has a market capitalization of $38.67 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

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

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.