KMG Fiduciary Partners LLC Has $2.26 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

KMG Fiduciary Partners LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 34.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,877 shares of the company’s stock after purchasing an additional 10,048 shares during the period. KMG Fiduciary Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,260,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Dakota Wealth Management purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $357,000. CoreCap Advisors LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 258.1% in the fourth quarter. CoreCap Advisors LLC now owns 3,502 shares of the company’s stock valued at $204,000 after purchasing an additional 2,524 shares in the last quarter. Waller Financial Planning Group Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $244,000. John W. Brooker & Co. CPAs increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 163.2% in the 4th quarter. John W. Brooker & Co. CPAs now owns 12,867 shares of the company’s stock worth $748,000 after purchasing an additional 7,978 shares during the last quarter. Finally, Flagstar Advisors Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.6% during the 4th quarter. Flagstar Advisors Inc. now owns 64,614 shares of the company’s stock worth $3,793,000 after purchasing an additional 1,014 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.13 on Friday. The firm has a market cap of $31.24 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The stock has a 50-day simple moving average of $57.75 and a 200-day simple moving average of $57.92. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a dividend of $0.5761 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. This represents a c) annualized dividend and a yield of 12.8%.

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.