KFG Wealth Management LLC Has $5.80 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

KFG Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,423 shares of the company’s stock after purchasing an additional 11,458 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 0.7% of KFG Wealth Management LLC’s holdings, making the stock its 28th largest holding. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,803,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Logan Capital Management Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $27,000. Sankala Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $28,000. Navalign LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $33,000. IFC & Insurance Marketing Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $35,000. Finally, Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3%

JEPQ opened at $59.15 on Thursday. The stock has a market capitalization of $40.47 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72. The firm has a 50-day moving average price of $59.48 and a two-hundred day moving average price of $58.82.

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.