Rooted Wealth Advisors Inc. Takes $3.97 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Rooted Wealth Advisors Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 68,749 shares of the company’s stock, valued at approximately $3,965,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 1.1% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 22nd biggest holding.

Several other hedge funds have also modified their holdings of the business. Clearstead Trust LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.7% in the 4th quarter. Clearstead Trust LLC now owns 5,834 shares of the company’s stock valued at $339,000 after buying an additional 1,001 shares during the period. Clearstead Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5.4% in the 4th quarter. Clearstead Advisors LLC now owns 35,310 shares of the company’s stock valued at $2,052,000 after purchasing an additional 1,818 shares in the last quarter. HBK Sorce Advisory LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 20.0% in the 4th quarter. HBK Sorce Advisory LLC now owns 28,449 shares of the company’s stock valued at $1,651,000 after purchasing an additional 4,736 shares in the last quarter. Allen Capital Group LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5.7% in the 4th quarter. Allen Capital Group LLC now owns 9,141 shares of the company’s stock valued at $531,000 after purchasing an additional 489 shares in the last quarter. Finally, Darden Wealth Group Inc purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $471,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $60.21 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $51.71 and a 1-year high of $60.32. The company has a market capitalization of $38.08 billion, a P/E ratio of 32.17 and a beta of 0.82. The business has a 50 day moving average price of $57.88 and a 200 day moving average price of $58.16.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a $0.591 dividend. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date of this dividend was Friday, May 1st.

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.