JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Holdings Increased by KFG Wealth Management LLC

KFG Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 39.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,069 shares of the company’s stock after purchasing an additional 15,886 shares during the quarter. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,225,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Clarity Wealth Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 10.6% during the second quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock worth $2,117,000 after purchasing an additional 3,727 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $2,069,000. Prospera Financial Services Inc lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.4% in the second quarter. Prospera Financial Services Inc now owns 202,930 shares of the company’s stock worth $11,043,000 after buying an additional 14,069 shares during the last quarter. San Luis Wealth Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock worth $2,733,000 after buying an additional 3,047 shares during the period. Finally, Pin Oak Investment Advisors Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 111.6% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 2,277 shares of the company’s stock valued at $117,000 after buying an additional 1,201 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $58.12 on Wednesday. The company has a market capitalization of $31.38 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The company’s fifty day moving average price is $58.08 and its 200 day moving average price is $56.11.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a dividend of $0.5532 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 11.4%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48.

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.