ADG Wealth Management Group LLC Has $8.28 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

ADG Wealth Management Group LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,249 shares of the company’s stock after acquiring an additional 17,817 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 7.1% of ADG Wealth Management Group LLC’s holdings, making the stock its 5th largest position. ADG Wealth Management Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,282,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after purchasing an additional 86,045,601 shares during the period. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock worth $1,146,197,000 after purchasing an additional 1,879,853 shares during the period. LPL Financial LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 21.7% during the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after purchasing an additional 1,936,707 shares during the period. Raymond James Financial Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 23.3% during the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock worth $197,724,000 after purchasing an additional 720,369 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 3,506,075 shares of the company’s stock worth $190,731,000 after purchasing an additional 123,259 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.77 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $59.42. The stock has a market capitalization of $31.93 billion, a P/E ratio of 32.17 and a beta of 0.83. The stock has a 50-day simple moving average of $57.14 and a 200 day simple moving average of $54.66.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 5th. Investors of record on Monday, November 3rd will be issued a dividend of $0.4755 per share. The ex-dividend date is Monday, November 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) dividend on an annualized basis and a yield of 9.7%.

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.