JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.5% during the fourth quarter, HoldingsChannel reports. The fund owned 78,497 shares of the company’s stock after buying an additional 8,696 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,562,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JEPQ. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $33,000. Cerity Partners LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the second quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after acquiring an additional 20,946 shares during the period. Diversify Advisory Services LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock worth $370,000 after acquiring an additional 2,045 shares during the period. Diversify Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the second quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock worth $1,025,000 after acquiring an additional 2,566 shares during the period. Finally, Quantinno Capital Management LP acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $60.11 on Friday. The business’s fifty day moving average price is $57.83 and its 200 day moving average price is $58.15. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $51.71 and a 1-year high of $60.15. The firm has a market capitalization of $38.02 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders 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) annualized dividend and a yield of 11.8%.

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.