JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by Royal Bank of Canada

Royal Bank of Canada lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 4,606,395 shares of the company’s stock after acquiring an additional 517,693 shares during the period. Royal Bank of Canada owned approximately 0.73% of JPMorgan Nasdaq Equity Premium Income ETF worth $255,748,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JEPQ. GM Advisory Group LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the 1st quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock worth $1,084,000 after purchasing an additional 170 shares in the last quarter. Howard Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock worth $214,000 after buying an additional 173 shares during the last quarter. Red Mountain Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the first quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock worth $237,000 after buying an additional 175 shares during the period. Montz Harcus Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the fourth quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock worth $243,000 after buying an additional 176 shares during the period. Finally, CPC Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock valued at $1,639,000 after buying an additional 178 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $56.14 on Thursday. The stock’s fifty day moving average price is $59.82 and its 200 day moving average price is $58.67. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The company has a market cap of $37.94 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. This represents a c) annualized dividend and a yield of 13.6%. The ex-dividend date was Wednesday, July 1st.

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.