High Net Worth Advisory Group LLC Has $6.02 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

High Net Worth Advisory Group LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 25.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,679 shares of the company’s stock after acquiring an additional 21,219 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.4% of High Net Worth Advisory Group LLC’s holdings, making the stock its 15th biggest holding. High Net Worth Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,021,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Twin Peaks Wealth Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $26,000. Russell Investments Group Ltd. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $33,000. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $35,000. Asset Dedication LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 119.2% in the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock valued at $40,000 after acquiring an additional 404 shares during the period. Finally, AllSquare Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 59.8% in the second quarter. AllSquare Wealth Management LLC now owns 802 shares of the company’s stock worth $44,000 after acquiring an additional 300 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $58.92 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The firm has a market cap of $33.26 billion, a P/E ratio of 32.17 and a beta of 0.83. The stock’s 50-day moving average is $58.41 and its 200-day moving average is $57.01.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a $0.5761 dividend. This represents a c) annualized dividend and a dividend yield of 11.7%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. The ex-dividend date was Wednesday, December 31st.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.