4,829 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Bought by Empirical Asset Management LLC

Empirical Asset Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,829 shares of the company’s stock, valued at approximately $241,000.

A number of other large investors have also bought and sold shares of the company. Renaissance Technologies LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $2,945,000. Royal Bank of Canada purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $5,604,000. CreativeOne Wealth LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $498,000. Xcel Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the fourth quarter. Xcel Wealth Management LLC now owns 23,787 shares of the company’s stock valued at $971,000 after purchasing an additional 2,685 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $734,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.09 during midday trading on Friday, hitting $54.26. 1,788,820 shares of the company’s stock were exchanged, compared to its average volume of 2,642,804. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $43.89 and a 52-week high of $54.47. The stock has a 50-day moving average price of $52.39 and a two-hundred day moving average price of $49.75. The company has a market cap of $10.03 billion, a P/E ratio of 23.03 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, March 4th were issued a dividend of $0.3804 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $4.56 annualized dividend and a dividend yield of 8.41%.

JPMorgan Nasdaq Equity Premium Income ETF 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.