Wealth Watch Advisors INC Acquires Shares of 11,464 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Wealth Watch Advisors INC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 11,464 shares of the company’s stock, valued at approximately $636,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after buying an additional 1,533,280 shares during the last quarter. Morgan Stanley boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after acquiring an additional 1,408,923 shares during the last quarter. Equitable Holdings Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 178.3% during the 4th quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock valued at $111,739,000 after acquiring an additional 1,231,809 shares during the last quarter. LPL Financial LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after acquiring an additional 589,696 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock worth $201,043,000 after acquiring an additional 496,258 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $57.96 on Monday. The company has a market capitalization of $39.09 billion, a P/E ratio of 32.17 and a beta of 0.81. The company has a 50-day moving average of $59.99 and a 200-day moving average of $58.71. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

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

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