Axxcess Wealth Management LLC Purchases 13,084 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Axxcess Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,404 shares of the company’s stock after purchasing an additional 13,084 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,102,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after acquiring an additional 86,045,601 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after acquiring an additional 1,879,853 shares during the last quarter. LPL Financial LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock valued at $561,868,000 after acquiring an additional 1,936,707 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 23.3% in the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock valued at $197,724,000 after acquiring an additional 720,369 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the first quarter. Envestnet Asset Management Inc. now owns 3,382,816 shares of the company’s stock valued at $175,162,000 after acquiring an additional 141,724 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $57.04 on Wednesday. The business’s 50 day simple moving average is $56.33 and its 200 day simple moving average is $53.70. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $58.54. The stock has a market capitalization of $30.74 billion, a PE ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a $0.4461 dividend. The ex-dividend date was Wednesday, October 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) annualized dividend and a yield of 9.4%.

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.