JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Retirement Planning Group LLC NY

Retirement Planning Group LLC NY lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 106.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,683 shares of the company’s stock after purchasing an additional 5,506 shares during the period. Retirement Planning Group LLC NY’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $581,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. ELCO Management Co. LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.3% in the 1st quarter. ELCO Management Co. LLC now owns 6,300 shares of the company’s stock worth $326,000 after purchasing an additional 200 shares during the last quarter. WealthShield Partners LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the 1st quarter. WealthShield Partners LLC now owns 8,651 shares of the company’s stock worth $448,000 after purchasing an additional 207 shares during the last quarter. Interchange Capital Partners LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the 1st quarter. Interchange Capital Partners LLC now owns 5,878 shares of the company’s stock worth $304,000 after purchasing an additional 232 shares during the last quarter. Institute for Wealth Management LLC. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.3% in the 1st quarter. Institute for Wealth Management LLC. now owns 10,502 shares of the company’s stock worth $544,000 after purchasing an additional 234 shares during the last quarter. Finally, Fortis Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.5% in the 2nd quarter. Fortis Advisors LLC now owns 6,966 shares of the company’s stock worth $379,000 after purchasing an additional 234 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $56.33 on Friday. The firm’s 50 day moving average is $56.22 and its 200-day moving average is $53.63. The stock has a market capitalization of $30.36 billion, a P/E ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a $0.4461 dividend. This represents a c) annualized dividend and a dividend yield of 9.5%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Wednesday, October 1st.

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.