Cary Street Partners Investment Advisory LLC Increases Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Cary Street Partners Investment Advisory LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 424.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,706 shares of the company’s stock after acquiring an additional 24,853 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,785,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of JEPQ. Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $27,000. Hantz Financial Services Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after acquiring an additional 351 shares during the last quarter. Navalign LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $33,000. Russell Investments Group Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $33,000. Finally, Root Financial Partners LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $60.21 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.71 and a 52-week high of $60.32. The company has a market capitalization of $38.08 billion, a PE ratio of 32.17 and a beta of 0.82. The stock has a fifty day simple moving average of $57.95 and a two-hundred day simple moving average of $58.17.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a $0.591 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%.

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.