JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by NWF Advisory Services Inc.

NWF Advisory Services Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 31.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 96,801 shares of the company’s stock after purchasing an additional 23,242 shares during the period. NWF Advisory Services Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,568,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Tritonpoint Wealth LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 2nd quarter. Tritonpoint Wealth LLC now owns 14,824 shares of the company’s stock worth $806,000 after purchasing an additional 624 shares during the period. Investment Advisory Services Inc. TX ADV lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.5% during the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 41,768 shares of the company’s stock worth $2,272,000 after purchasing an additional 621 shares during the last quarter. Forefront Wealth Management Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 45.9% in the second quarter. Forefront Wealth Management Inc. now owns 117,618 shares of the company’s stock valued at $6,398,000 after buying an additional 36,987 shares during the last quarter. Smith Chas P & Associates PA Cpas purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $571,000. Finally, Venture Visionary Partners LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 60.6% in the 2nd quarter. Venture Visionary Partners LLC now owns 167,391 shares of the company’s stock valued at $9,106,000 after acquiring an additional 63,184 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.4%

JEPQ stock opened at $59.46 on Tuesday. The stock has a market cap of $33.83 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $59.60. The business has a 50 day moving average price of $58.48 and a 200 day moving average price of $57.21.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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