Retirement Planning Group LLC NY Has $3.96 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Retirement Planning Group LLC NY grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 100.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,403 shares of the company’s stock after purchasing an additional 33,827 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 2.7% of Retirement Planning Group LLC NY’s portfolio, making the stock its 15th biggest holding. Retirement Planning Group LLC NY’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,956,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Signature Wealth Management Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $206,000. Fifth Third Bancorp increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 93.0% during the 4th quarter. Fifth Third Bancorp now owns 3,613 shares of the company’s stock worth $210,000 after purchasing an additional 1,741 shares during the last quarter. Mutual Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.1% during the 4th quarter. Mutual Advisors LLC now owns 94,294 shares of the company’s stock worth $5,480,000 after purchasing an additional 1,933 shares during the last quarter. SNS Financial Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $1,421,000. Finally, Sigma Planning Corp increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the 4th quarter. Sigma Planning Corp now owns 68,591 shares of the company’s stock worth $3,987,000 after purchasing an additional 615 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.7%

NASDAQ:JEPQ opened at $58.86 on Friday. The firm has a market capitalization of $37.13 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $51.07 and a twelve month high of $60.14. The stock’s 50 day moving average price is $57.33 and its two-hundred day moving average price is $58.01.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be given a dividend of $0.591 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 12.0%.

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.