Future Financial Wealth Managment LLC Boosts Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Future Financial Wealth Managment LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2,307.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 12,039 shares of the company’s stock after acquiring an additional 11,539 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $655,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JEPQ. San Luis Wealth Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after purchasing an additional 3,047 shares during the last quarter. Blodgett Wealth Advisors LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $331,000. US Bancorp DE grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.7% in the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock valued at $1,475,000 after buying an additional 2,978 shares during the last quarter. Howard Capital Management Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.9% in the 1st quarter. Howard Capital Management Inc. now owns 376,654 shares of the company’s stock valued at $19,503,000 after buying an additional 43,049 shares during the last quarter. Finally, Focus Financial Network Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.2% in the 2nd quarter. Focus Financial Network Inc. now owns 12,284 shares of the company’s stock valued at $668,000 after buying an additional 1,895 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $57.28 on Friday. The stock’s 50-day moving average is $55.98 and its two-hundred day moving average is $53.49. The firm has a market cap of $30.78 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a dividend of $0.4461 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 9.3%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.