Crescent Grove Advisors LLC Acquires New Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Crescent Grove Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 44,439 shares of the company’s stock, valued at approximately $2,467,000.

A number of other large investors have also recently bought and sold shares of the business. Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $27,000. Sankala Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $28,000. Navalign LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $33,000. Russell Investments Group Ltd. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $33,000. Finally, Archer Investment Corp acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock 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 stock has a market capitalization of $39.05 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. The stock’s fifty day moving average is $60.08 and its two-hundred day moving average is $58.69.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

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

JPMorgan Nasdaq Equity Premium Income ETF Company 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.