D.A. Davidson & CO. Buys 12,598 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

D.A. Davidson & CO. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 124,994 shares of the company’s stock after purchasing an additional 12,598 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,940,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JEPQ. Bank of America Corp DE grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after acquiring an additional 1,533,280 shares during the last quarter. Morgan Stanley raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the fourth quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after acquiring an additional 1,408,923 shares during the last quarter. Equitable Holdings Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% during the fourth 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 during the period. LPL Financial LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after purchasing an additional 589,696 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.5% in the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock worth $201,043,000 after purchasing an additional 496,258 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $58.51 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The company has a market cap of $39.05 billion, a PE ratio of 32.17 and a beta of 0.81. The stock’s 50-day moving average is $60.08 and its 200 day moving average is $58.69.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a $0.6366 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.1%. The ex-dividend date 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.