Citizens Financial Group Inc. RI Has $6.61 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Citizens Financial Group Inc. RI lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 99.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 119,047 shares of the company’s stock after acquiring an additional 59,357 shares during the period. Citizens Financial Group Inc. RI’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,609,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Logan Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $27,000. Sankala Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $28,000. Navalign LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $33,000. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $33,000. Finally, Archer Investment Corp acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $60.51 on Monday. The company’s 50 day moving average is $60.06 and its 200-day moving average is $58.68. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The firm has a market cap of $40.40 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.6366 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 12.6%.

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.