Retirement Planning Group LLC Purchases Shares of 16,351 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Retirement Planning Group LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 16,351 shares of the company’s stock, valued at approximately $908,000.

Several other large investors have also modified their holdings of JEPQ. GM Advisory Group LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the first quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock worth $1,084,000 after acquiring an additional 170 shares during the last quarter. Howard Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock worth $214,000 after purchasing an additional 173 shares during the period. Red Mountain Financial LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the first quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock worth $237,000 after purchasing an additional 175 shares during the period. Montz Harcus Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 4th quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock valued at $243,000 after purchasing an additional 176 shares during the last quarter. Finally, CPC Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the 4th quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock valued at $1,639,000 after purchasing an additional 178 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.0%

Shares of NASDAQ JEPQ opened at $60.19 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72. The firm has a fifty day moving average of $60.09 and a 200-day moving average of $58.69. The stock has a market capitalization of $40.20 billion, a PE ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.6366 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 12.7%.

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.