Carr Financial Group Corp Increases Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Carr Financial Group Corp lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 32.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,611 shares of the company’s stock after buying an additional 34,547 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 2.2% of Carr Financial Group Corp’s holdings, making the stock its 10th largest holding. Carr Financial Group Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,172,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock valued at $678,061,000 after acquiring an additional 651,461 shares during the period. Ameriprise Financial Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after acquiring an additional 748,170 shares during the last quarter. Raymond James Financial Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 3rd quarter. Raymond James Financial Inc. now owns 3,930,950 shares of the company’s stock worth $226,108,000 after purchasing an additional 17,428 shares during the period. Osaic Holdings Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,589,375 shares of the company’s stock worth $195,284,000 after purchasing an additional 329,963 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.9% in the third quarter. Envestnet Asset Management Inc. now owns 3,574,422 shares of the company’s stock valued at $205,601,000 after purchasing an additional 68,347 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $55.76 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14. The firm has a market cap of $32.18 billion, a PE ratio of 32.17 and a beta of 0.83. The business has a 50 day moving average price of $58.09 and a 200-day moving average price of $57.96.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.509 per share. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

About JPMorgan Nasdaq Equity Premium Income ETF

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.