JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Holdings Boosted by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 128,969 shares of the company’s stock after buying an additional 10,714 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises 3.3% of IVC Wealth Advisors LLC’s portfolio, making the stock its 7th largest holding. IVC Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,418,000 as of its most recent SEC filing.

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

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $58.62 on Friday. The company has a market capitalization of $31.65 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The company’s fifty day moving average price is $58.12 and its 200-day moving average price is $56.17. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a $0.5532 dividend. The ex-dividend date was Monday, December 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. This represents a c) annualized dividend and a dividend yield of 11.3%.

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