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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom

JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) Price, Holdings, & News

$52.11
-0.58 (-1.10%)
(As of 04/17/2024 ET)
Today's Range
$52.01
$52.92
50-Day Range
$51.91
$54.29
52-Week Range
$44.12
$54.47
Volume
2.42 million shs
Average Volume
2.67 million shs
Market Capitalization
$11.79 billion
Assets Under Management
$11.92 billion
Dividend Yield
9.25%
Net Expense Ratio
0.35%
JEPQ stock logo

About JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

JPMorgan Nasdaq Equity Premium Income ETF, or JEPQ, is an exchange-traded fund operating in the financial industry. J.P. Morgan Investment Management Inc., a renowned financial institution with a strong track record, manages the fund. As an ETF, JEPQ exposes investors to equity securities, primarily those included in its primary benchmark, the Nasdaq-100 Index. The fund aims to generate current income while maintaining prospects for capital appreciation.

JEPQ focuses on creating an actively managed portfolio of equity securities, including common stocks and equity-linked notes (ELNs). The portfolio is designed to capture a majority of the returns associated with the Nasdaq-100 Index while potentially offering lower volatility and incremental income. The fund strives to provide investors with performance that aligns with the benchmark while managing risk.

The primary objective of JEPQ is to offer current income to investors while also providing opportunities for capital appreciation. It achieves this through actively managing equity securities and utilizing a covered call strategy with exposure to the Nasdaq-100 Index. By employing this strategy, the fund aims to deliver monthly distributions at a relatively stable level.

JEPQ's target market includes investors seeking income generation from equity investments with lower volatility than the benchmark. The fund suits investors with a moderate risk tolerance looking for potential capital appreciation while receiving regular income distributions.

The JPMorgan Nasdaq Equity Premium Income ETF is managed by a team of experienced portfolio managers who bring extensive expertise to their roles. With 36 years of experience in the industry, Hamilton Reiner serves as a Portfolio Manager for the fund. He has been with J.P. Morgan for 14 years and has managed this fund for over a year. Reiner's deep industry knowledge and expertise contribute to effectively managing the fund's investments.

Eric Moreau, another Portfolio Manager for JEPQ, has ten years of industry experience, all of which have been with J.P. Morgan. Moreau has managed the fund for around a year, leveraging his expertise to support its investment strategies and objectives. Andrew Stern, with 15 years of experience in the industry, also serves as a Portfolio Manager for the JPMorgan Nasdaq Equity Premium Income ETF. Stern has been with J.P. Morgan for 15 years and has around a year of experience managing this particular fund. His extensive knowledge and insights aid the fund's pursuit of its investment objectives.

The collective expertise of the management team allows for a comprehensive and informed approach to managing the JPMorgan Nasdaq Equity Premium Income ETF, enabling them to make well-informed investment decisions and adapt to changing market conditions.

When examining the financial performance of JPMorgan Nasdaq Equity Premium Income ETF, it is crucial to consider the long-term trends and broader industry benchmarks. Recently, the fund has delivered steady revenue growth, driven by its investment strategies and the performance of the underlying equity securities. Earnings metrics have also exhibited positive trends, indicating the fund's ability to generate returns for investors. JEPQ's valuation metrics should be analyzed compared to its industry peers to understand its position in the market. Factors such as the fund's performance, growth prospects, and risk profile can influence its valuation.

JEPQ operates within the financial industry, specifically focusing on equity securities. A comprehensive analysis of the broader industry can provide valuable context for understanding the fund's competitive positioning and potential advantages or disadvantages.

Competitive positioning is influenced by factors such as market conditions, regulatory environment, and investor preferences. JEPQ's investment strategies and focus on equity securities, particularly within the Nasdaq-100 Index, contribute to its unique position within the industry. JEPQ may leverage its competitive advantages, such as its actively managed equity portfolio and covered call strategy, to capitalize on growth opportunities within the equity market. 

To understand JPMorgan Nasdaq Equity Premium Income ETF comprehensively, it is essential to assess the fund's potential risks and challenges. Conducting a thorough analysis of risks helps investors make informed decisions and evaluate the effectiveness of risk management strategies. Factors such as market volatility, economic fluctuations, and regulatory changes pose inherent risks to the fund's performance. However, JEPQ's risk management strategies, including its focus on lower volatility and the diversification of its portfolio, aim to mitigate these risks.

JEPQ Stock Price History

JEPQ ETF News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Direxion Files to Leverage Popular JEPI, JEPQ ETFs
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
See More Headlines
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Fund Details

Issuer
JPMorgan
Fund Name
JPMorgan Nasdaq Equity Premium Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:JEPQ
Inception Date
5/3/2022
Fund Manager
Hamilton Reiner, Eric Moreau, Andrew Stern
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Buywrite
Development Level
Developed Markets
Region
North America
Number of Holdings
167

Fund Statistics

Assets Under Management
$11.96 billion
Average Daily Volume
$0.00
Discount/Premium
-0.01%

Administrator, Advisor and Custodian

Administrator
J.P. Morgan Investment Management Inc.
Advisor
J.P. Morgan Investment Management Inc.
Custodian
JPMorgan Chase Bank
Distributor
JPMorgan Distribution Services, Inc.
Transfer Agent
JPMorgan Chase Bank
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
Optionable
Options Volume
972
Put Options
423
Call Options
549

Miscellaneous

Beta
0.81
Creation Unit
25,000
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JPMorgan Nasdaq Equity Premium Income ETF Expenses

TypeJEPQBuywrite ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.35%0.60%0.54%0.48%0.51%
Other Expenses0.00%0.90%0.54%0.34%0.58%
Total Expense0.35%0.82%0.70%0.58%0.70%
Fee Waiver0.00%-0.59%-0.55%-0.22%-0.57%
Net Expense0.35%0.68%0.60%0.54%0.58%

JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) Holdings & Exposure

JEPQ Sector Exposure

JEPQ Industry Exposure


JEPQ ETF - Frequently Asked Questions

How have JEPQ shares performed in 2024?

JPMorgan Nasdaq Equity Premium Income ETF's stock was trading at $49.93 at the beginning of 2024. Since then, JEPQ shares have increased by 4.4% and is now trading at $52.11.
View the best growth stocks for 2024 here
.

Are investors shorting JPMorgan Nasdaq Equity Premium Income ETF?

JPMorgan Nasdaq Equity Premium Income ETF saw a decline in short interest in March. As of March 31st, there was short interest totaling 252,800 shares, a decline of 36.2% from the March 15th total of 396,100 shares. Based on an average trading volume of 2,633,600 shares, the days-to-cover ratio is currently 0.1 days.
View JPMorgan Nasdaq Equity Premium Income ETF's Short Interest
.

How often does JPMorgan Nasdaq Equity Premium Income ETF pay dividends? What is the dividend yield for JPMorgan Nasdaq Equity Premium Income ETF?

JPMorgan Nasdaq Equity Premium Income ETF announced a monthly dividend on Friday, March 22nd. Investors of record on Tuesday, April 2nd will be given a dividend of $0.4273 per share on Thursday, April 4th. This represents a $5.13 dividend on an annualized basis and a yield of 9.84%. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from the stock's previous monthly dividend of $0.42.
Read our dividend analysis for JEPQ
.

What does JEPQ invest in?

JPMorgan Nasdaq Equity Premium Income ETF is a equity fund issued by JPMorgan. JEPQ focuses on buywrite investments. The fund's investments total to approximately $11.92 billion assets under management.

What stocks does JPMorgan Nasdaq Equity Premium Income ETF hold?
What is the management fee for JPMorgan Nasdaq Equity Premium Income ETF?

JPMorgan Nasdaq Equity Premium Income ETF's management fee is 0.35% and has no other recorded expenses or fee waivers. The net expense ratio for JEPQ is 0.35%.

Who are JPMorgan Nasdaq Equity Premium Income ETF's major shareholders?

JPMorgan Nasdaq Equity Premium Income ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Global Assets Advisory LLC (0.50%), MADDEN SECURITIES Corp (0.12%), Ellis Investment Partners LLC (0.09%), Hilltop Wealth Advisors LLC (0.09%), Cambridge Advisors Inc. (0.06%) and CIC Wealth LLC (0.06%).

How do I buy shares of JPMorgan Nasdaq Equity Premium Income ETF?

Shares of JEPQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:JEPQ) was last updated on 4/17/2024 by MarketBeat.com Staff

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