Indivisible Partners Makes New $7.11 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Indivisible Partners bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 122,250 shares of the company’s stock, valued at approximately $7,105,000. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.8% of Indivisible Partners’ portfolio, making the stock its 22nd largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Logan Capital Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $27,000. Hantz Financial Services Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after acquiring an additional 351 shares during the period. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $33,000. Root Financial Partners LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $34,000. Finally, Archer Investment Corp bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.4%

NASDAQ JEPQ opened at $59.06 on Wednesday. The stock has a market cap of $37.35 billion, a P/E ratio of 32.17 and a beta of 0.82. The company’s 50-day simple moving average is $57.35 and its 200 day simple moving average is $58.03. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $51.07 and a twelve month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.591 per share. This represents a c) annualized dividend and a yield of 12.0%. The ex-dividend date of this dividend was Friday, May 1st.

JPMorgan Nasdaq Equity Premium Income ETF 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.