Significant Wealth Partners LLC Has $2.81 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Significant Wealth Partners LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,672 shares of the company’s stock after purchasing an additional 10,247 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 3.0% of Significant Wealth Partners LLC’s investment portfolio, making the stock its 3rd biggest position. Significant Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,807,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Adams Asset Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 29.5% during the 2nd quarter. Adams Asset Advisors LLC now owns 1,408,060 shares of the company’s stock valued at $86,539,000 after acquiring an additional 321,005 shares during the last quarter. Southland Equity Partners LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 30.5% during the second quarter. Southland Equity Partners LLC now owns 13,355 shares of the company’s stock valued at $821,000 after purchasing an additional 3,121 shares during the last quarter. Orgel Wealth Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.2% in the 2nd quarter. Orgel Wealth Management LLC now owns 16,113 shares of the company’s stock worth $990,000 after buying an additional 6,119 shares in the last quarter. JFS Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $170,000. Finally, Clarus Wealth Advisors purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $471,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

Shares of NASDAQ:JEPQ opened at $60.00 on Thursday. The company has a market cap of $41.05 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. The company has a 50-day moving average price of $59.54 and a 200 day moving average price of $58.69. 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 Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were given a $0.705 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 14.1%.

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.