Assetmark Inc. Boosts Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Assetmark Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 19.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,077 shares of the company’s stock after buying an additional 20,672 shares during the period. Assetmark Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in JEPQ. Main Street Group LTD acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth about $37,000. Clearstead Trust LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.6% during the first quarter. Clearstead Trust LLC now owns 6,338 shares of the company’s stock valued at $352,000 after acquiring an additional 504 shares during the last quarter. SteelPeak Wealth LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.7% in the first quarter. SteelPeak Wealth LLC now owns 15,458 shares of the company’s stock valued at $858,000 after acquiring an additional 3,256 shares in the last quarter. Oder Investment Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $532,000. Finally, Independent Financial Group LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth approximately $10,947,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.8%

Shares of JEPQ opened at $59.65 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72. The stock has a market cap of $40.03 billion, a PE ratio of 32.17 and a beta of 0.81. The firm’s fifty day moving average is $60.06 and its two-hundred day moving average is $58.70.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced 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) annualized dividend and a yield of 12.8%. 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.