Waverly Advisors LLC Buys 133,909 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Waverly Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 46.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 423,145 shares of the company’s stock after buying an additional 133,909 shares during the quarter. Waverly Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $23,493,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of JEPQ. Russell Investments Group Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000. Cerity Partners LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after acquiring an additional 20,946 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after purchasing an additional 2,045 shares during the period. Diversify Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the second quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after purchasing an additional 2,566 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $57.96 on Friday. The firm’s fifty day moving average is $59.99 and its two-hundred day moving average is $58.71. The firm has a market cap of $39.09 billion, a PE ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $53.51 and a twelve month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.6366 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 13.2%.

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.