KFA Private Wealth Group LLC Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

KFA Private Wealth Group LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 41.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,975 shares of the company’s stock after acquiring an additional 1,741 shares during the quarter. KFA Private Wealth Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $325,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. GAMMA Investing LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 17.9% during the 1st quarter. GAMMA Investing LLC now owns 15,091 shares of the company’s stock worth $781,000 after purchasing an additional 2,291 shares during the period. Integrated Advisors Network LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.7% during the first quarter. Integrated Advisors Network LLC now owns 17,735 shares of the company’s stock valued at $918,000 after buying an additional 4,169 shares during the period. Focus Financial Network Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.7% during the first quarter. Focus Financial Network Inc. now owns 10,389 shares of the company’s stock valued at $538,000 after buying an additional 1,633 shares during the period. Hilltop Wealth Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the first quarter. Hilltop Wealth Advisors LLC now owns 436,283 shares of the company’s stock valued at $22,591,000 after buying an additional 18,095 shares during the period. Finally, Marshall Financial Group LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.7% during the first quarter. Marshall Financial Group LLC now owns 299,242 shares of the company’s stock valued at $15,495,000 after buying an additional 1,941 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $56.33 on Friday. The company has a market capitalization of $30.46 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84. The company’s 50-day simple moving average is $56.22 and its two-hundred day simple moving average is $53.63. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a dividend of $0.4461 per share. 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 yield of 9.5%.

JPMorgan Nasdaq Equity Premium Income ETF 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.