Discipline Wealth Solutions LLC Acquires New Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Discipline Wealth Solutions LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,752 shares of the company’s stock, valued at approximately $561,000.

Other hedge funds have also added to or reduced their stakes in the company. Clarity Wealth Advisors LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.6% in the 2nd quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock worth $2,117,000 after buying an additional 3,727 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $2,069,000. Sheets Smith Wealth Management lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 77.2% in the third quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock worth $6,846,000 after buying an additional 51,871 shares in the last quarter. Cambridge Advisors Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 13.9% in the third quarter. Cambridge Advisors Inc. now owns 206,939 shares of the company’s stock worth $11,903,000 after buying an additional 25,316 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.4% during the second quarter. Prospera Financial Services Inc now owns 202,930 shares of the company’s stock worth $11,043,000 after acquiring an additional 14,069 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.6%

Shares of NASDAQ:JEPQ opened at $58.12 on Friday. The stock has a market capitalization of $31.38 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $59.42. The firm has a fifty day simple moving average of $58.36 and a two-hundred day simple moving average of $56.56.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, January 5th. Investors of record on Wednesday, December 31st will be paid a $0.5761 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a c) annualized dividend and a yield of 11.9%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55.

JPMorgan Nasdaq Equity Premium Income ETF 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.