Western Wealth Management LLC Acquires 27,466 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Western Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 119.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,427 shares of the company’s stock after buying an additional 27,466 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,800,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after buying an additional 1,533,280 shares in the last quarter. Morgan Stanley raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after acquiring an additional 1,408,923 shares during the period. Equitable Holdings Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% during the fourth quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock worth $111,739,000 after acquiring an additional 1,231,809 shares in the last quarter. LPL Financial LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after acquiring an additional 589,696 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after acquiring an additional 517,693 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.25 on Friday. The firm has a market capitalization of $39.68 billion, a P/E ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The business has a fifty day moving average price of $59.74 and a 200-day moving average price of $58.66.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.6366 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 13.1%.

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.