CRA Financial Services LLC Purchases Shares of 9,708 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

CRA Financial Services LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,708 shares of the company’s stock, valued at approximately $564,000.

Several other institutional investors and hedge funds also recently modified their holdings of JEPQ. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $33,000. Hsbc Holdings PLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $4,939,000. Lido Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.9% in the second quarter. Lido Advisors LLC now owns 34,588 shares of the company’s stock worth $1,882,000 after purchasing an additional 6,669 shares in the last quarter. Beacon Pointe Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.6% in the second quarter. Beacon Pointe Advisors LLC now owns 99,433 shares of the company’s stock worth $5,409,000 after purchasing an additional 16,992 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $26,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.1%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.59 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14. The company has a fifty day simple moving average of $57.47 and a 200 day simple moving average of $57.88. The company has a market cap of $32.08 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be issued a $0.5586 dividend. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date is Wednesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51.

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.