Clear Creek Financial Management LLC Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Clear Creek Financial Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 49.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,070 shares of the company’s stock after purchasing an additional 9,340 shares during the quarter. Clear Creek Financial Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,631,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Sheets Smith Wealth Management increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 77.2% during the 3rd quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock valued at $6,846,000 after purchasing an additional 51,871 shares during the period. FAS Wealth Partners Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% in the 3rd quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock worth $3,871,000 after buying an additional 39,412 shares during the period. High Net Worth Advisory Group LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.4% in the 3rd quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock worth $6,021,000 after buying an additional 21,219 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 142.8% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,640 shares of the company’s stock worth $1,072,000 after buying an additional 10,963 shares during the period. Finally, Cambridge Advisors Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 13.9% in the 3rd quarter. Cambridge Advisors Inc. now owns 206,939 shares of the company’s stock worth $11,903,000 after buying an additional 25,316 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $57.62 on Friday. The firm’s 50-day moving average price is $57.11 and its 200-day moving average price is $57.87. The company has a market capitalization of $35.86 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.14 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 Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a $0.5586 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51.

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.