DB&C Advisors LLC Makes New $966,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

DB&C Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,628 shares of the company’s stock, valued at approximately $966,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.2% of DB&C Advisors LLC’s portfolio, making the stock its 23rd biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $27,000. Hantz Financial Services Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after purchasing an additional 351 shares in the last quarter. Navalign LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $33,000. Archer Investment Corp acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $34,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 3.0%

Shares of JEPQ opened at $58.90 on Friday. The business’s 50 day moving average is $58.66 and its two-hundred day moving average is $58.32. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $52.49 and a 52-week high of $61.17. The firm has a market cap of $37.25 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.5644 dividend. The ex-dividend date of this dividend was Monday, June 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.