Elevation Point Wealth Partners LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Elevation Point Wealth Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 18,640 shares of the company’s stock, valued at approximately $1,035,000.

Several other large investors have also made changes to their positions in JEPQ. Logan Capital Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $27,000. Sankala Group LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $28,000. Navalign LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $33,000. Archer Investment Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $34,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $60.16 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The company’s fifty day moving average price is $59.99 and its 200-day moving average price is $58.63. The company has a market capitalization of $39.94 billion, a PE ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.6366 dividend. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date was Wednesday, July 1st.

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.