Foundations Investment Advisors LLC Acquires 11,314 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Foundations Investment Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 42.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,686 shares of the company’s stock after purchasing an additional 11,314 shares during the period. Foundations Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,168,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $26,000. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $33,000. Root Financial Partners LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $34,000. Asset Dedication LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 119.2% in the 2nd quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after purchasing an additional 404 shares during the last quarter. Finally, AllSquare Wealth Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 59.8% during the second quarter. AllSquare Wealth Management LLC now owns 802 shares of the company’s stock worth $44,000 after purchasing an additional 300 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.7%

Shares of JEPQ stock opened at $59.43 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $60.14. The company has a market cap of $33.99 billion, a PE ratio of 32.17 and a beta of 0.83. The business’s 50 day moving average is $58.75 and its two-hundred day moving average is $57.32.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a $0.5761 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. The ex-dividend date was Wednesday, December 31st. This represents a c) annualized dividend and a yield of 11.6%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.