Kestra Advisory Services LLC Grows Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Kestra Advisory Services LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.8% in the first quarter, Holdings Channel reports. The institutional investor owned 1,249,605 shares of the company’s stock after buying an additional 100,914 shares during the quarter. Kestra Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $69,378,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Money Concepts Capital Corp boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 53.8% during the 1st quarter. Money Concepts Capital Corp now owns 112,796 shares of the company’s stock valued at $6,262,000 after acquiring an additional 39,459 shares during the last quarter. Base Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth $829,000. Beam Wealth Advisors Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 136.4% in the 1st quarter. Beam Wealth Advisors Inc. now owns 47,536 shares of the company’s stock worth $2,639,000 after purchasing an additional 27,424 shares during the last quarter. Southern Capital Services Inc. ADV raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 1st quarter. Southern Capital Services Inc. ADV now owns 192,191 shares of the company’s stock valued at $10,670,000 after purchasing an additional 7,740 shares in the last quarter. Finally, Richmond Investment Services LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 24.4% in the 1st quarter. Richmond Investment Services LLC now owns 8,036 shares of the company’s stock valued at $446,000 after purchasing an additional 1,578 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.3%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $60.24 on Friday. The business has a 50-day moving average price of $60.03 and a 200 day moving average price of $58.67. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72. The firm has a market cap of $40.24 billion, a P/E ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 12.7%.

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.