JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Ameriprise Financial Inc.

Ameriprise Financial Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 20.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,441,337 shares of the company’s stock after purchasing an additional 748,170 shares during the quarter. Ameriprise Financial Inc. owned 0.82% of JPMorgan Nasdaq Equity Premium Income ETF worth $255,416,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Foundations Investment Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 31.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 26,372 shares of the company’s stock worth $1,435,000 after buying an additional 6,256 shares during the period. Citizens Financial Group Inc. RI increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.1% during the second quarter. Citizens Financial Group Inc. RI now owns 12,249 shares of the company’s stock worth $666,000 after acquiring an additional 3,981 shares during the period. Kingsview Wealth Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.1% in the second quarter. Kingsview Wealth Management LLC now owns 161,199 shares of the company’s stock valued at $8,769,000 after acquiring an additional 28,106 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 605,657 shares of the company’s stock valued at $33,514,000 after buying an additional 24,186 shares during the period. Finally, Financial Gravity Companies Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $133,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.26 on Tuesday. The stock has a market cap of $33.04 billion, a PE ratio of 32.17 and a beta of 0.83. The stock’s fifty day moving average is $58.27 and its two-hundred day moving average is $57.92. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.509 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 10.7%.

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.