JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stake Raised by Tcfg Wealth Management LLC

Tcfg Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 56.8% in the third quarter, HoldingsChannel reports. The fund owned 25,248 shares of the company’s stock after buying an additional 9,148 shares during the quarter. Tcfg Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,451,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Fortis Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the third quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock worth $411,000 after purchasing an additional 177 shares in the last quarter. Chapin Davis Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the third quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock valued at $1,749,000 after purchasing an additional 183 shares in the last quarter. Joseph P. Lucia & Associates LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.5% in the 3rd quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock worth $2,080,000 after buying an additional 192 shares in the last quarter. Parallel Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Parallel Advisors LLC now owns 18,783 shares of the company’s stock worth $1,080,000 after buying an additional 193 shares in the last quarter. Finally, SlateStone Wealth LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.3% during the 2nd quarter. SlateStone Wealth LLC now owns 66,490 shares of the company’s stock valued at $3,617,000 after buying an additional 199 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.3%

NASDAQ JEPQ opened at $56.82 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14. The firm’s fifty day simple moving average is $58.20 and its 200-day simple moving average is $57.92. The company has a market capitalization of $32.79 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.509 dividend. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

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.