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

Bernardo Wealth Planning LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 59.5% during the 3rd quarter, HoldingsChannel reports. The fund 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 accounts for approximately 2.6% of Bernardo Wealth Planning LLC’s portfolio, making the stock its 15th biggest 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.

A number of other large investors also recently made changes to their positions in JEPQ. Kingstone Capital Partners Texas LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after purchasing an additional 86,045,601 shares during the period. JPMorgan Chase & Co. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 31.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after buying an additional 7,027,261 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after buying an additional 1,533,280 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the 2nd 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, Quadrature Capital Ltd grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4,392.6% during the 2nd quarter. Quadrature Capital Ltd now owns 452,088 shares of the company’s stock valued at $24,591,000 after acquiring an additional 442,025 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

NASDAQ JEPQ opened at $58.44 on Tuesday. 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 fifty day simple moving average is $58.34 and its 200-day simple moving average is $56.69. The company has a market capitalization 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 company also recently announced a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a $0.5761 dividend. This represents a c) annualized dividend and a yield of 11.8%. 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.

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.