JPMorgan launched two equity premium yield ETFs today: JPMorgan Equity Premium Yield ETF (ROCY) and JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ). Hamilton Reiner, JPMorgan Asset Management US Core Equity CIO and Head of US Equity Derivatives, discussed the debut on Bloomberg's ETF IQ; the launches are notable for product shelf expansion and may attract yield-seeking flows but are unlikely to move broad markets.
JPMorgan launched two equity premium yield ETFs today: JPMorgan Equity Premium Yield ETF (ROCY) and JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ). Hamilton Reiner, JPMorgan Asset Management US Core Equity CIO and Head of US Equity Derivatives, discussed the debut on Bloomberg's ETF IQ; the launches are notable for product shelf expansion and may attract yield-seeking flows but are unlikely to move broad markets.
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