JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Position Raised by Bernardo Wealth Planning LLC

Bernardo Wealth Planning LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 59.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 228,771 shares of the company’s stock after purchasing an additional 85,336 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 2.6% of Bernardo Wealth Planning LLC’s portfolio, making the stock its 15th largest holding. Bernardo Wealth Planning LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $13,159,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of JEPQ. Clarity Wealth Advisors LLC boosted its position 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 valued at $2,117,000 after purchasing an additional 3,727 shares during the period. Global Retirement Partners LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at about $2,069,000. Sheets Smith Wealth Management boosted 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 during the period. Cambridge Advisors Inc. increased its position 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 acquiring an additional 25,316 shares in the last quarter. Finally, Prospera Financial Services Inc increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.4% in 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 in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $58.44 on Tuesday. The firm has a 50 day simple moving average of $58.34 and a 200 day simple moving average of $56.69. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $59.42. The company has a market cap of $32.53 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a $0.5761 dividend. The ex-dividend date was Wednesday, December 31st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%.

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.