BlackDiamond Wealth Management LLC Invests $1.08 Million in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

BlackDiamond Wealth Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,148 shares of the company’s stock, valued at approximately $1,084,000.

Several other large investors have also recently added to or reduced their stakes in JEPQ. Twin Peaks Wealth Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $26,000. Russell Investments Group Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $33,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $35,000. SVB Wealth LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at about $36,000. Finally, NorthRock Partners LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.4%

Shares of NASDAQ:JEPQ opened at $58.82 on Friday. The firm has a market cap of $31.76 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $59.42. The company’s 50-day moving average price is $57.91 and its two-hundred day moving average price is $55.78.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were paid a dividend of $0.5532 per share. This represents a c) annualized dividend and a dividend yield of 11.3%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date of this dividend was Monday, December 1st.

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.