Retirement Planning Group LLC Takes $908,000 Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Retirement Planning Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,351 shares of the company’s stock, valued at approximately $908,000.

Several other institutional investors have also recently modified their holdings of JEPQ. D.A. Davidson & CO. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% in the 4th quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock valued at $6,532,000 after purchasing an additional 13,200 shares in the last quarter. Ethos Capital Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $1,105,000. Clear Creek Financial Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 49.9% in the fourth quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock valued at $1,631,000 after buying an additional 9,340 shares during the last quarter. Sunpointe LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.4% in the fourth quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock valued at $4,122,000 after buying an additional 10,901 shares during the last quarter. Finally, James Reed Financial Services Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the fourth quarter. James Reed Financial Services Inc. now owns 439,846 shares of the company’s stock valued at $25,564,000 after buying an additional 26,869 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $60.19 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The firm’s 50 day moving average price is $60.09 and its 200 day moving average price is $58.69. The firm has a market cap of $40.20 billion, a P/E ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date of this dividend was Wednesday, July 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.