JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Cypress Wealth Services LLC

Cypress Wealth Services LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 307.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,587 shares of the company’s stock after purchasing an additional 11,765 shares during the quarter. Cypress Wealth Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $906,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPQ. Russell Investments Group Ltd. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $33,000. Choreo LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the second quarter. Choreo LLC now owns 9,974 shares of the company’s stock worth $543,000 after acquiring an additional 1,039 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 71.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 268,571 shares of the company’s stock worth $14,610,000 after acquiring an additional 111,776 shares in the last quarter. Level Four Advisory Services LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 161.6% in the second quarter. Level Four Advisory Services LLC now owns 37,649 shares of the company’s stock valued at $2,048,000 after acquiring an additional 23,255 shares during the period. Finally, Hsbc Holdings PLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $4,939,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $54.13 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $60.14. The firm has a market capitalization of $31.24 billion, a P/E ratio of 32.17 and a beta of 0.83. The company’s fifty day moving average is $57.75 and its two-hundred day moving average is $57.93.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a dividend of $0.5761 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. This represents a c) dividend on an annualized basis and a yield of 12.8%. The ex-dividend date of this dividend was Wednesday, December 31st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.