JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
JPMorgan Nasdaq Equity Premium Income ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $61.24, up 0.21% on the session, giving a market capitalisation of $42.78B. Its beta of 0.84 implies it has historically moved less than the broad market.
The fund implements its strategy by creating a dynamically managed portfolio of equities, primarily consisting of securities found within its benchmark, the Nasdaq-100 Index. Furthermore, it leverages equity-linked notes (ELNs) to execute the sale of call options whose performance is linked to the Nasdaq-100. The investment vehicle is characterized by its non-diversified nature.
JPMorgan Nasdaq Equity Premium Income ETF is most often compared with the following Financial Services names: