Jane Street Group LLC Purchases 783,584 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Jane Street Group LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7,462.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 794,084 shares of the company’s stock after buying an additional 783,584 shares during the quarter. Jane Street Group LLC owned approximately 0.34% of JPMorgan Nasdaq Equity Premium Income ETF worth $43,071,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPQ. Global Retirement Partners LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 74.3% during the 4th quarter. Global Retirement Partners LLC now owns 17,824 shares of the company’s stock valued at $902,000 after buying an additional 7,596 shares during the last quarter. Pinnacle Associates Ltd. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 54.4% during the 4th quarter. Pinnacle Associates Ltd. now owns 21,317 shares of the company’s stock valued at $1,064,000 after buying an additional 7,507 shares during the last quarter. PFG Advisors bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $343,000. AdvisorNet Financial Inc raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 41.4% during the 4th quarter. AdvisorNet Financial Inc now owns 18,021 shares of the company’s stock valued at $900,000 after buying an additional 5,274 shares during the last quarter. Finally, StoneCrest Wealth Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $5,589,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ traded down $0.44 during midday trading on Thursday, reaching $53.28. 1,013,596 shares of the stock traded hands, compared to its average volume of 2,782,848. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The stock has a market capitalization of $15.13 billion, a P/E ratio of 32.10 and a beta of -0.84. The company has a fifty day moving average of $54.79 and a 200 day moving average of $53.50.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were issued a $0.4212 dividend. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.05 annualized dividend and a yield of 9.49%.

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.