Caprock Group LLC Makes New $1.90 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Caprock Group LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 34,134 shares of the company’s stock, valued at approximately $1,901,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of JEPQ. JPMorgan Chase & Co. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 31.7% during the second quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock valued at $1,586,475,000 after purchasing an additional 7,027,261 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after buying an additional 1,533,280 shares during the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $58,197,000. Ameriprise Financial Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after acquiring an additional 496,258 shares during the last quarter. Finally, Quadrature Capital Ltd grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 4,392.6% in the second quarter. Quadrature Capital Ltd now owns 452,088 shares of the company’s stock worth $24,591,000 after acquiring an additional 442,025 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $57.51 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14. The business’s 50 day moving average is $58.69 and its two-hundred day moving average is $57.55. The stock has a market capitalization of $33.19 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.4657 per share. This represents a c) annualized dividend and a yield of 9.7%. The ex-dividend date was Monday, February 2nd.

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.