JPMorgan Nasdaq Equity Premium Income ETF $JEPQ is Wealth Advisors of Iowa LLC’s Largest Position

Wealth Advisors of Iowa LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 618,962 shares of the company’s stock after purchasing an additional 21,516 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 11.8% of Wealth Advisors of Iowa LLC’s portfolio, making the stock its biggest position. Wealth Advisors of Iowa LLC owned 0.11% of JPMorgan Nasdaq Equity Premium Income ETF worth $35,974,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. High Net Worth Advisory Group LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.4% during the third quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock valued at $6,021,000 after purchasing an additional 21,219 shares during the period. FAS Wealth Partners Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% during the third quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock valued at $3,871,000 after purchasing an additional 39,412 shares during the period. Choreo LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 499.0% during the third quarter. Choreo LLC now owns 59,746 shares of the company’s stock valued at $3,437,000 after purchasing an additional 49,772 shares during the period. Clear Creek Financial Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 49.9% during the fourth quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock valued at $1,631,000 after purchasing an additional 9,340 shares during the period. Finally, Caprock Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $1,901,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $60.01 on Friday. The company has a market cap of $37.95 billion, a PE ratio of 32.17 and a beta of 0.82. The business has a 50 day moving average of $57.60 and a 200 day moving average of $58.12. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $51.71 and a 52 week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.591 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date was Friday, May 1st.

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.