Retirement Planning Group LLC NY Has $3.96 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Retirement Planning Group LLC NY increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 100.7% during the fourth quarter, Holdings Channel reports. The fund owned 67,403 shares of the company’s stock after acquiring an additional 33,827 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 2.7% of Retirement Planning Group LLC NY’s holdings, making the stock its 15th biggest holding. Retirement Planning Group LLC NY’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,956,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Signature Wealth Management Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $206,000. Fifth Third Bancorp increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 93.0% during the 4th quarter. Fifth Third Bancorp now owns 3,613 shares of the company’s stock worth $210,000 after acquiring an additional 1,741 shares during the last quarter. Mutual Advisors LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.1% during the 4th quarter. Mutual Advisors LLC now owns 94,294 shares of the company’s stock worth $5,480,000 after acquiring an additional 1,933 shares during the last quarter. SNS Financial Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $1,421,000. Finally, Sigma Planning Corp increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the 4th quarter. Sigma Planning Corp now owns 68,591 shares of the company’s stock worth $3,987,000 after acquiring an additional 615 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.7%

JEPQ stock opened at $58.86 on Friday. The firm has a market capitalization of $37.13 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $51.07 and a 1-year high of $60.14. The business’s 50 day simple moving average is $57.33 and its 200 day simple moving average is $58.01.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 5th. Investors of record on Friday, May 1st will be issued a dividend of $0.591 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%.

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.