JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 353,775 shares of the company’s stock after purchasing an additional 31,261 shares during the period. PNC Financial Services Group Inc. owned approximately 0.06% of JPMorgan Nasdaq Equity Premium Income ETF worth $20,561,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Howard Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock valued at $214,000 after purchasing an additional 173 shares during the period. Montz Harcus Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock valued at $243,000 after purchasing an additional 176 shares during the period. Fortis Advisors LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the third quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after purchasing an additional 177 shares during the period. CPC Advisors LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock valued at $1,639,000 after purchasing an additional 178 shares during the period. Finally, Planning Directions Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the fourth quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock valued at $2,643,000 after purchasing an additional 184 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $60.21 on Friday. The stock’s 50-day simple moving average is $57.88 and its 200-day simple moving average is $58.16. The firm has a market capitalization of $38.08 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $51.71 and a fifty-two week high of $60.32.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a $0.591 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%.

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.