Oxinas Partners LLC Acquires 35,250 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Oxinas Partners LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 395.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 44,166 shares of the company’s stock after purchasing an additional 35,250 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 1.2% of Oxinas Partners LLC’s investment portfolio, making the stock its 23rd largest holding. Oxinas Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,567,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of JEPQ. Private Trust Co. NA increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% in the 4th quarter. Private Trust Co. NA now owns 17,158 shares of the company’s stock valued at $997,000 after buying an additional 620 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,000 shares of the company’s stock worth $872,000 after purchasing an additional 3,000 shares during the last quarter. Xcel Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.9% during the fourth quarter. Xcel Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $972,000 after buying an additional 931 shares during the last quarter. PDS Planning Inc grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.7% during the fourth quarter. PDS Planning Inc now owns 43,497 shares of the company’s stock worth $2,528,000 after buying an additional 707 shares in the last quarter. Finally, Discipline Wealth Solutions LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.9% during the 4th quarter. Discipline Wealth Solutions LLC now owns 11,403 shares of the company’s stock worth $663,000 after acquiring an additional 1,651 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $58.53 on Friday. The firm has a market cap of $36.36 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The firm has a 50-day moving average price of $57.13 and a two-hundred day moving average price of $57.90. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.14 and a 52 week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a $0.5586 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. 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 11.5%.

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.