KFG Wealth Management LLC Acquires 12,225 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

KFG Wealth Management LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,648 shares of the company’s stock after acquiring an additional 12,225 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up about 0.7% of KFG Wealth Management LLC’s holdings, making the stock its 25th biggest position. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,533,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Cyndeo Wealth Partners LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 97.1% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 18,696 shares of the company’s stock worth $1,145,000 after purchasing an additional 9,209 shares during the period. Annex Advisory Services LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $253,000. Halbert Hargrove Global Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $61,000. NFSG Corp increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.2% in the third quarter. NFSG Corp now owns 117,979 shares of the company’s stock valued at $7,227,000 after purchasing an additional 2,488 shares during the period. Finally, Saxony Capital Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the third quarter. Saxony Capital Management LLC now owns 72,551 shares of the company’s stock valued at $4,444,000 after purchasing an additional 1,418 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ traded down $1.29 on Friday, reaching $58.81. The company’s stock had a trading volume of 9,763,872 shares, compared to its average volume of 6,565,869. The stock’s 50-day moving average is $60.23 and its two-hundred day moving average is $59.53. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72. The stock has a market capitalization of $43.07 billion, a P/E ratio of 32.17 and a beta of 0.82.

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.