KFG Wealth Management LLC Buys 12,876 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

KFG Wealth Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 23.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,945 shares of the company’s stock after purchasing an additional 12,876 shares during the quarter. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,007,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. New Wave Wealth Advisors LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the fourth quarter. New Wave Wealth Advisors LLC now owns 127,449 shares of the company’s stock valued at $7,481,000 after purchasing an additional 2,468 shares in the last quarter. Planning Directions Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the fourth quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock worth $2,643,000 after acquiring an additional 184 shares during the period. Capital Advisors Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 34.9% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 5,161 shares of the company’s stock worth $300,000 after acquiring an additional 1,336 shares during the period. MBA Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 12.1% during the fourth quarter. MBA Advisors LLC now owns 24,290 shares of the company’s stock worth $1,412,000 after acquiring an additional 2,624 shares during the period. Finally, TigerOak Management L.L.C. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.9% during the fourth quarter. TigerOak Management L.L.C. now owns 12,921 shares of the company’s stock worth $751,000 after acquiring an additional 240 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $55.92 on Tuesday. The stock has a market cap of $34.61 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14. The stock has a fifty day moving average of $57.33 and a 200-day moving average of $57.88.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a $0.5586 dividend. This represents a c) annualized dividend and a dividend yield of 12.0%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. The ex-dividend date was Wednesday, April 1st.

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.