Etesian Wealth Advisors Inc. Raises Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Etesian Wealth Advisors Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 39.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 24,164 shares of the company’s stock after purchasing an additional 6,859 shares during the period. Etesian Wealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,315,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPQ. Ulland Investment Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.8% in the second quarter. Ulland Investment Advisors LLC now owns 91,372 shares of the company’s stock valued at $4,971,000 after acquiring an additional 15,089 shares in the last quarter. Coordinated Financial Services Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $958,000. IFP Advisors Inc boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.3% in the second quarter. IFP Advisors Inc now owns 34,089 shares of the company’s stock valued at $1,855,000 after acquiring an additional 7,103 shares in the last quarter. Morey & Quinn Wealth Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $209,000. Finally, Clear Creek Financial Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.3% in the second quarter. Clear Creek Financial Management LLC now owns 13,464 shares of the company’s stock valued at $732,000 after acquiring an additional 552 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1%

Shares of NASDAQ:JEPQ opened at $57.63 on Friday. The company has a market cap of $31.17 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84. The firm’s 50-day simple moving average is $56.17 and its 200-day simple moving average is $53.61. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.4461 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) annualized dividend and a dividend yield of 9.3%.

About JPMorgan Nasdaq Equity Premium Income ETF

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.