Prosperity Financial Group Inc. Increases Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Prosperity Financial Group Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.8% during the 2nd quarter, Holdings Channel reports. The fund owned 54,595 shares of the company’s stock after buying an additional 3,461 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 1.3% of Prosperity Financial Group Inc.’s portfolio, making the stock its 27th largest holding. Prosperity Financial Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,970,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after buying an additional 86,045,601 shares during the period. JPMorgan Chase & Co. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after acquiring an additional 1,879,853 shares during the last quarter. LPL Financial LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after acquiring an additional 1,936,707 shares during the period. Raymond James Financial Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 23.3% in the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock worth $197,724,000 after acquiring an additional 720,369 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the first quarter. Envestnet Asset Management Inc. now owns 3,382,816 shares of the company’s stock worth $175,162,000 after acquiring an additional 141,724 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.75 on Thursday. The firm has a market cap of $31.05 billion, a PE ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The business’s fifty day simple moving average is $56.60 and its 200-day simple moving average is $53.98.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.4461 per share. This represents a c) annualized dividend and a yield of 9.3%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Wednesday, October 1st.

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.