Capital Asset Advisory Services LLC Invests $557,000 in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Capital Asset Advisory Services LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,490 shares of the company’s stock, valued at approximately $557,000.

A number of other institutional investors have also made changes to their positions in the business. Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $27,000. Sankala Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $28,000. Navalign LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $33,000. Russell Investments Group Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $33,000. Finally, Archer Investment Corp bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.3%

Shares of JEPQ opened at $59.39 on Friday. The stock’s fifty day simple moving average is $59.96 and its 200-day simple moving average is $58.61. The firm has a market capitalization of $39.24 billion, a PE ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.6366 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 12.9%.

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.