30,667 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Bought by QP Wealth Management LLC

QP Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 30,667 shares of the company’s stock, valued at approximately $1,782,000. JPMorgan Nasdaq Equity Premium Income ETF makes up about 1.6% of QP Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other large investors have also modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $26,000. Logan Capital Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $27,000. Hantz Financial Services Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after purchasing an additional 351 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $33,000. Finally, Root Financial Partners LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $55.76 on Friday. The stock has a fifty day moving average of $58.09 and a 200-day moving average of $57.92. The stock has a market capitalization of $32.18 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.509 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

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.