Wealth Enhancement Advisory Services LLC Has $62.62 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,209,337 shares of the company’s stock after acquiring an additional 150,128 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.27% of JPMorgan Nasdaq Equity Premium Income ETF worth $62,619,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Corient Private Wealth LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $410,000. Ironsides Asset Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the 4th quarter. Ironsides Asset Advisors LLC now owns 17,890 shares of the company’s stock worth $1,009,000 after purchasing an additional 4,150 shares during the last quarter. Axxcess Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 42.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 63,411 shares of the company’s stock worth $3,575,000 after purchasing an additional 18,917 shares during the last quarter. New England Private Wealth Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.1% in the 4th quarter. New England Private Wealth Advisors LLC now owns 117,626 shares of the company’s stock worth $6,632,000 after purchasing an additional 2,417 shares during the last quarter. Finally, Cozad Asset Management Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.9% during the 4th quarter. Cozad Asset Management Inc. now owns 8,149 shares of the company’s stock valued at $459,000 after acquiring an additional 735 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $52.85 on Friday. The firm has a fifty day moving average of $51.63 and a two-hundred day moving average of $54.13. The stock has a market capitalization of $24.69 billion, a price-to-earnings ratio of 30.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a dividend of $0.6207 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date was Monday, June 2nd. This represents a $7.45 annualized dividend and a dividend yield of 14.09%.

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.