Significant Wealth Partners LLC Boosts Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Significant Wealth Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 45,672 shares of the company’s stock after buying an additional 10,247 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 3.0% of Significant Wealth Partners LLC’s holdings, making the stock its 3rd largest position. Significant Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,807,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Adams Asset Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 29.5% in the second quarter. Adams Asset Advisors LLC now owns 1,408,060 shares of the company’s stock worth $86,539,000 after acquiring an additional 321,005 shares during the period. Southland Equity Partners LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 30.5% during the second quarter. Southland Equity Partners LLC now owns 13,355 shares of the company’s stock valued at $821,000 after purchasing an additional 3,121 shares during the period. Orgel Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.2% during the 2nd quarter. Orgel Wealth Management LLC now owns 16,113 shares of the company’s stock valued at $990,000 after buying an additional 6,119 shares in the last quarter. JFS Wealth Advisors LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $170,000. Finally, Clarus Wealth Advisors bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at approximately $471,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

NASDAQ JEPQ opened at $60.00 on Thursday. The company’s 50 day moving average is $59.54 and its two-hundred day moving average is $58.69. The stock has a market cap of $41.05 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.705 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. This represents a c) dividend on an annualized basis and a yield of 14.1%. The ex-dividend date of this dividend was Monday, August 3rd.

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.