Kestra Advisory Services LLC Grows Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Kestra Advisory Services LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,249,605 shares of the company’s stock after purchasing an additional 100,914 shares during the quarter. Kestra Advisory Services LLC owned 0.20% of JPMorgan Nasdaq Equity Premium Income ETF worth $69,378,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. D.A. Davidson & CO. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 13.3% during the fourth quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock worth $6,532,000 after purchasing an additional 13,200 shares in the last quarter. Ethos Capital Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $1,105,000. Clear Creek Financial Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% during the 4th quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock worth $1,631,000 after buying an additional 9,340 shares during the period. Sunpointe LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 18.4% during the 4th quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock worth $4,122,000 after buying an additional 10,901 shares during the period. Finally, Cadence Bank lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 37.9% in the 3rd quarter. Cadence Bank now owns 100,298 shares of the company’s stock worth $5,769,000 after buying an additional 27,546 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $60.24 on Friday. The company’s fifty day moving average price is $60.03 and its two-hundred day moving average price is $58.67. The firm has a market capitalization of $40.24 billion, a P/E ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.6366 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 12.7%.

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.