FAS Wealth Partners Inc. Purchases 39,412 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

FAS Wealth Partners Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 141.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,297 shares of the company’s stock after buying an additional 39,412 shares during the quarter. FAS Wealth Partners Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,871,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 31.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after acquiring an additional 7,027,261 shares in the last quarter. Bank of America Corp DE lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares during the period. Raymond James Financial Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the second quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock valued at $212,896,000 after purchasing an additional 94,985 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after buying an additional 496,258 shares during the period. Finally, Osaic Holdings Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Osaic Holdings Inc. now owns 3,589,375 shares of the company’s stock worth $195,284,000 after buying an additional 329,963 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.92 on Friday. The firm has a market cap of $33.26 billion, a P/E ratio of 32.17 and a beta of 0.83. The business has a fifty day moving average of $58.41 and a two-hundred day moving average of $56.99. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a dividend of $0.5761 per share. The ex-dividend date of this dividend 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 yield of 11.7%.

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.