KFG Wealth Management LLC Has $3.23 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

KFG Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 39.5% in the third quarter, Holdings Channel.com reports. The firm owned 56,069 shares of the company’s stock after acquiring an additional 15,886 shares during the period. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $26,000. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $35,000. SVB Wealth LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $36,000. Finally, Asset Dedication LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock valued at $40,000 after purchasing an additional 404 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $58.12 on Wednesday. The stock has a market cap of $31.38 billion, a P/E ratio of 32.17 and a beta of 0.83. The stock has a fifty day moving average price of $58.08 and a 200 day moving average price of $56.11. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a dividend of $0.5532 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 11.4%.

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.