Caprock Group LLC Buys New Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Caprock Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 34,134 shares of the company’s stock, valued at approximately $1,901,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.7% during the second quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after purchasing an additional 7,027,261 shares in the last quarter. Bank of America Corp DE lifted 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 purchasing an additional 1,533,280 shares in the last quarter. Raymond James Financial Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the 2nd quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock worth $212,896,000 after purchasing an additional 94,985 shares during the period. Ameriprise Financial Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after buying an additional 496,258 shares in the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% during the second quarter. Osaic Holdings Inc. now owns 3,589,375 shares of the company’s stock valued at $195,284,000 after buying an additional 329,963 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $57.51 on Friday. The firm has a market cap of $33.19 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The firm has a fifty day moving average price of $58.69 and a 200 day moving average price of $57.55. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.4657 dividend. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.