SNS Financial Group LLC Invests $1.42 Million in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

SNS Financial Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 24,203 shares of the company’s stock, valued at approximately $1,421,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased 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 buying an additional 651,461 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after buying an additional 748,170 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the 3rd quarter. Raymond James Financial Inc. now owns 3,930,950 shares of the company’s stock worth $226,108,000 after buying an additional 17,428 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,574,422 shares of the company’s stock worth $205,601,000 after buying an additional 68,347 shares during the last quarter. Finally, UBS Group AG increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the 4th quarter. UBS Group AG now owns 3,423,625 shares of the company’s stock worth $198,981,000 after buying an additional 29,163 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.5%

JEPQ stock opened at $59.27 on Friday. The company has a market cap of $37.39 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The business has a fifty day simple moving average of $57.33 and a 200-day simple moving average of $58.01. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $51.02 and a 52 week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, May 5th. Investors of record on Friday, May 1st will be given a dividend of $0.591 per share. The ex-dividend date of this dividend is Friday, May 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.