Wealth Watch Advisors INC Purchases New Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Wealth Watch Advisors INC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,464 shares of the company’s stock, valued at approximately $636,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $27,000. Sankala Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $28,000. Navalign LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $33,000. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Finally, Archer Investment Corp bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $57.96 on Monday. The firm has a market cap of $39.09 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72. The company’s 50-day moving average price is $59.99 and its 200 day moving average price is $58.71.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.6366 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 13.2%.

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