Paradigm Strategies in Wealth Management LLC Increases Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Paradigm Strategies in Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 20.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,816 shares of the company’s stock after buying an additional 5,470 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.1% of Paradigm Strategies in Wealth Management LLC’s holdings, making the stock its 16th largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,731,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. San Luis Wealth Advisors LLC raised 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 valued at $2,733,000 after buying an additional 3,047 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $73,000. US Bancorp DE raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.7% during the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock valued at $1,475,000 after buying an additional 2,978 shares during the period. Wagner Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.9% during the 2nd quarter. Wagner Wealth Management LLC now owns 60,443 shares of the company’s stock valued at $3,288,000 after buying an additional 11,646 shares during the period. Finally, Retirement Planning Group LLC NY raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 106.4% during the 2nd quarter. Retirement Planning Group LLC NY now owns 10,683 shares of the company’s stock valued at $581,000 after buying an additional 5,506 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $59.10 on Wednesday. The company has a market cap of $31.75 billion, a P/E 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 $59.14. The business’s 50-day simple moving average is $56.84 and its 200 day simple moving average is $54.36.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.4461 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 9.1%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

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.