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

Jane Street Group LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7,462.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 794,084 shares of the company’s stock after acquiring an additional 783,584 shares during the period. Jane Street Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $43,071,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of JEPQ. Valmark Advisers Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $221,000. Allworth Financial LP lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 58.5% in the fourth quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock worth $59,000 after acquiring an additional 439 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the first quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock worth $367,000 after acquiring an additional 285 shares during the period. International Assets Investment Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% in the fourth quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock worth $1,760,000 after acquiring an additional 2,268 shares during the period. Finally, Stratos Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $348,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.8 %

NASDAQ:JEPQ traded down $0.44 during mid-day trading on Thursday, reaching $53.28. The company’s stock had a trading volume of 1,013,596 shares, compared to its average volume of 2,782,848. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18. The stock has a fifty day moving average of $54.79 and a 200-day moving average of $53.50. The firm has a market capitalization of $15.13 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a $0.4212 dividend. The ex-dividend date 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 dividend on an annualized basis 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.