JPMorgan Nasdaq Equity Premium Income ETF $JEPQ is Kennedy Investment Group’s 7th Largest Position

Kennedy Investment Group raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 139,234 shares of the company’s stock after buying an additional 12,207 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 3.1% of Kennedy Investment Group’s portfolio, making the stock its 7th biggest holding. Kennedy Investment Group’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,092,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Howard Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock valued at $214,000 after purchasing an additional 173 shares during the last quarter. Montz Harcus Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock valued at $243,000 after purchasing an additional 176 shares during the last quarter. Fortis Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the third quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after purchasing an additional 177 shares during the last quarter. CPC Advisors LLC grew 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 valued at $1,639,000 after purchasing an additional 178 shares during the last quarter. Finally, Planning Directions Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the fourth quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock valued at $2,643,000 after purchasing an additional 184 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $59.60 on Wednesday. The company’s 50 day simple moving average is $57.73 and its 200-day simple moving average is $58.14. The firm has a market capitalization of $37.69 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $51.71 and a 12 month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a $0.591 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 11.9%.

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.