JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Marks Wealth LLC

Marks Wealth LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 45.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,204 shares of the company’s stock after acquiring an additional 11,238 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 0.6% of Marks Wealth LLC’s portfolio, making the stock its 11th biggest holding. Marks Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,969,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Pure Financial Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 133.8% during the 2nd quarter. Pure Financial Advisors LLC now owns 25,310 shares of the company’s stock worth $1,377,000 after purchasing an additional 14,485 shares during the period. Consolidated Planning Corp grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.2% during the second quarter. Consolidated Planning Corp now owns 28,201 shares of the company’s stock worth $1,534,000 after buying an additional 342 shares during the period. New Wave Wealth Advisors LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 25.0% during the second quarter. New Wave Wealth Advisors LLC now owns 134,890 shares of the company’s stock worth $7,338,000 after buying an additional 26,985 shares during the period. PFG Investments LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 133.5% during the second quarter. PFG Investments LLC now owns 62,322 shares of the company’s stock worth $3,390,000 after buying an additional 35,632 shares during the period. Finally, Consolidated Portfolio Review Corp grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 31.5% during the second quarter. Consolidated Portfolio Review Corp now owns 5,307 shares of the company’s stock worth $289,000 after buying an additional 1,270 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $57.20 on Thursday. The stock has a market cap of $29.88 billion, a P/E ratio of 32.17 and a beta of -0.84. The stock’s 50 day simple moving average is $55.90 and its 200 day simple moving average is $53.42. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st will be issued a $0.4461 dividend. This represents a c) annualized dividend and a yield of 9.4%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend is Wednesday, October 1st.

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.