JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 322,514 shares of the company’s stock after buying an additional 34,943 shares during the period. PNC Financial Services Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $18,551,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after purchasing an additional 7,027,261 shares in the last quarter. Bank of America Corp DE increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after buying an additional 1,533,280 shares during the period. Raymond James Financial Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the second quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock valued at $212,896,000 after purchasing an additional 94,985 shares during the last quarter. Ameriprise Financial Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after acquiring an additional 496,258 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Osaic Holdings Inc. now owns 3,589,375 shares of the company’s stock worth $195,284,000 after purchasing an additional 329,963 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1%

NASDAQ JEPQ opened at $57.47 on Wednesday. The company has a fifty day simple moving average of $58.63 and a 200 day simple moving average of $57.62. The company has a market cap of $33.16 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.4657 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%.

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.