Arrow Financial Corp Acquires Shares of 14,174 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Arrow Financial Corp acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 14,174 shares of the company’s stock, valued at approximately $824,000.

Several other large investors have also bought and sold shares of the company. FAS Wealth Partners Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 141.3% during the 3rd quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock worth $3,871,000 after purchasing an additional 39,412 shares during the period. High Net Worth Advisory Group LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 25.4% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock worth $6,021,000 after purchasing an additional 21,219 shares during the period. Choreo LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 499.0% during the 3rd quarter. Choreo LLC now owns 59,746 shares of the company’s stock worth $3,437,000 after purchasing an additional 49,772 shares during the period. Clear Creek Financial Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% during the 4th quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock valued at $1,631,000 after acquiring an additional 9,340 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% during the 4th quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock valued at $6,532,000 after acquiring an additional 13,200 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $59.77 on Monday. The stock has a market capitalization of $37.80 billion, a PE ratio of 32.17 and a beta of 0.82. The stock’s fifty day simple moving average is $57.64 and its two-hundred day simple moving average is $58.13. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $51.71 and a 12-month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were given a dividend of $0.591 per share. This represents a c) annualized dividend and a yield of 11.9%. The ex-dividend date of this dividend was Friday, May 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.