Hennion & Walsh Asset Management Inc. Has $15.66 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Hennion & Walsh Asset Management Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 254,749 shares of the company’s stock after buying an additional 10,487 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $15,657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. GM Advisory Group LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the 1st quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock valued at $1,084,000 after acquiring an additional 170 shares in the last quarter. Howard Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock worth $214,000 after purchasing an additional 173 shares in the last quarter. Red Mountain Financial LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 1st quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock worth $237,000 after purchasing an additional 175 shares in the last quarter. CPC Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock worth $1,639,000 after purchasing an additional 178 shares during the period. Finally, Fortis Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.6% in the fourth quarter. Fortis Advisors LLC now owns 7,326 shares of the company’s stock worth $426,000 after purchasing an additional 183 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.7%

JEPQ stock opened at $59.74 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72. The business has a 50-day simple moving average of $59.59 and a 200 day simple moving average of $58.67. The company has a market cap of $40.88 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a $0.705 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 14.2%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64.

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.