JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Cypress Wealth Services LLC

Cypress Wealth Services LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 307.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 15,587 shares of the company’s stock after buying an additional 11,765 shares during the period. Cypress Wealth Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $906,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $26,000. Logan Capital Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $27,000. Hantz Financial Services Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after purchasing an additional 351 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000. Finally, Root Financial Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.8%

NASDAQ:JEPQ opened at $54.13 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $60.14. The stock’s 50 day simple moving average is $57.75 and its 200-day simple moving average is $57.93. The firm has a market cap of $31.24 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were paid a $0.5761 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) annualized dividend and a yield of 12.8%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55.

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.