Flputnam Investment Management Co. Takes $594,000 Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Flputnam Investment Management Co. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,224 shares of the company’s stock, valued at approximately $594,000.

Several other large investors have also modified their holdings of the business. Bank of America Corp DE raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.8% in the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock valued at $678,061,000 after purchasing an additional 651,461 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock valued at $255,416,000 after purchasing an additional 748,170 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 3rd quarter. Raymond James Financial Inc. now owns 3,930,950 shares of the company’s stock valued at $226,108,000 after purchasing an additional 17,428 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,574,422 shares of the company’s stock worth $205,601,000 after buying an additional 68,347 shares during the last quarter. Finally, UBS Group AG grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the 4th quarter. UBS Group AG now owns 3,423,625 shares of the company’s stock worth $198,981,000 after buying an additional 29,163 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $61.15 on Friday. The firm’s 50 day moving average price is $58.25 and its 200-day moving average price is $58.25. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.82 and a 52-week high of $61.17. The company has a market cap of $38.67 billion, a P/E ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given 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 11.6%.

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.