JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by Retirement Planning Group LLC NY

Retirement Planning Group LLC NY grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 214.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 33,576 shares of the company’s stock after purchasing an additional 22,893 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.4% of Retirement Planning Group LLC NY’s investment portfolio, making the stock its 22nd biggest position. Retirement Planning Group LLC NY’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,931,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $26,000. Russell Investments Group Ltd. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $33,000. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $35,000. Asset Dedication LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the 2nd quarter. Asset Dedication LLC now owns 743 shares of the company’s stock valued at $40,000 after buying an additional 404 shares during the period. Finally, AllSquare Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 59.8% during the 2nd quarter. AllSquare Wealth Management LLC now owns 802 shares of the company’s stock worth $44,000 after buying an additional 300 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.75 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.42. The stock has a market capitalization of $33.16 billion, a PE ratio of 32.17 and a beta of 0.83. The firm has a 50 day simple moving average of $58.36 and a 200-day simple moving average of $56.93.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.5761 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. The ex-dividend date was Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 11.8%.

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.