Kingsview Wealth Management LLC Increases Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Kingsview Wealth Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 23.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 300,051 shares of the company’s stock after purchasing an additional 57,357 shares during the quarter. Kingsview Wealth Management LLC owned about 0.05% of JPMorgan Nasdaq Equity Premium Income ETF worth $17,439,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Smith Chas P & Associates PA Cpas boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.7% during the fourth quarter. Smith Chas P & Associates PA Cpas now owns 10,416 shares of the company’s stock worth $605,000 after buying an additional 276 shares during the period. Coordinated Financial Services Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 26.1% during the fourth quarter. Coordinated Financial Services Inc. now owns 19,378 shares of the company’s stock worth $1,126,000 after buying an additional 4,005 shares during the period. Melia Wealth LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 20.2% during the fourth quarter. Melia Wealth LLC now owns 25,201 shares of the company’s stock worth $1,465,000 after buying an additional 4,234 shares during the period. Perissos Private Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 17.1% during the fourth quarter. Perissos Private Wealth Management LLC now owns 46,811 shares of the company’s stock worth $2,721,000 after buying an additional 6,840 shares during the period. Finally, TrustBank purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $1,963,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $60.76 on Thursday. The firm has a market cap of $38.43 billion, a PE ratio of 32.17 and a beta of 0.82. The company has a 50-day moving average of $58.10 and a two-hundred day moving average of $58.21. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $51.82 and a 1-year high of $60.83.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.591 per share. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date of this dividend was Friday, May 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.