Oder Investment Management LLC Makes New $532,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Oder Investment Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 9,581 shares of the company’s stock, valued at approximately $532,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Logan Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $27,000. Sankala Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $28,000. Navalign LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $33,000. Russell Investments Group Ltd. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000. Finally, Archer Investment Corp acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.4%

Shares of NASDAQ JEPQ opened at $59.26 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The company has a market cap of $39.55 billion, a P/E ratio of 32.17 and a beta of 0.81. The business’s 50 day moving average is $60.11 and its two-hundred day moving average is $58.70.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.6366 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 12.9%.

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.