Avior Wealth Management LLC Acquires 9,310 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Avior Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 112,873 shares of the company’s stock after buying an additional 9,310 shares during the quarter. Avior Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,560,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $26,000. Logan Capital Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $27,000. Hantz Financial Services Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after purchasing an additional 351 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $33,000. Finally, Root Financial Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $56.70 on Friday. The company’s 50-day moving average is $58.16 and its 200-day moving average is $57.92. The stock has a market capitalization of $32.72 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.509 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 10.8%.

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.