Boreal Capital Management LLC Has $1.33 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Boreal Capital Management LLC decreased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 33.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,032 shares of the company’s stock after selling 12,148 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.3% of Boreal Capital Management LLC’s investment portfolio, making the stock its 21st biggest holding. Boreal Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,334,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JEPQ. Morgan Stanley increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after purchasing an additional 1,408,923 shares during the period. LPL Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after acquiring an additional 589,696 shares during the period. Bank of America Corp DE lifted its holdings in shares of 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 worth $678,061,000 after acquiring an additional 651,461 shares during the period. Wells Fargo & Company MN boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock valued at $476,315,000 after acquiring an additional 383,927 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.4% during the 4th quarter. Royal Bank of Canada now owns 4,088,702 shares of the company’s stock valued at $237,636,000 after acquiring an additional 134,367 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.96 on Friday. The firm has a market capitalization of $39.11 billion, a P/E ratio of 32.17 and a beta of 0.81. The stock has a fifty day moving average price of $59.99 and a two-hundred day moving average price of $58.71. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.6366 per share. This represents a c) annualized dividend and a dividend yield of 13.2%. The ex-dividend date was Wednesday, July 1st.

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.