Grant Private Wealth Management Inc Invests $661,000 in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Grant Private Wealth Management Inc purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,499 shares of the company’s stock, valued at approximately $661,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. KFG Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 39.5% in the 3rd quarter. KFG Wealth Management LLC now owns 56,069 shares of the company’s stock worth $3,225,000 after acquiring an additional 15,886 shares in the last quarter. Orgel Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.7% during the third quarter. Orgel Wealth Management LLC now owns 4,409 shares of the company’s stock worth $254,000 after purchasing an additional 566 shares during the last quarter. AssuredPartners Investment Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $646,000. Venture Visionary Partners LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the third quarter. Venture Visionary Partners LLC now owns 175,393 shares of the company’s stock valued at $10,089,000 after purchasing an additional 8,002 shares during the last quarter. Finally, Boyum Wealth Architects LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $238,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.12 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42. The firm’s 50-day moving average is $58.08 and its 200-day moving average is $56.11. The company has a market cap of $31.38 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a $0.5532 dividend. This is a positive change 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. This represents a c) annualized dividend and a dividend yield of 11.4%.

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.