JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Holdings Raised by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 99.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,047 shares of the company’s stock after acquiring an additional 59,357 shares during the period. Citizens Financial Group Inc. RI’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,609,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Bank of America Corp DE boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after purchasing an additional 1,533,280 shares during the last quarter. Morgan Stanley increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after purchasing an additional 1,408,923 shares during the last quarter. Equitable Holdings Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% during the 4th quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock worth $111,739,000 after purchasing an additional 1,231,809 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after purchasing an additional 748,170 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after buying an additional 589,696 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $60.51 on Monday. The stock’s 50 day moving average price is $60.06 and its 200 day moving average price is $58.68. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72. The company has a market capitalization of $40.40 billion, a P/E ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.6366 dividend. This represents a c) annualized dividend and a yield of 12.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

JPMorgan Nasdaq Equity Premium Income ETF 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.