Aventura Private Wealth LLC Takes $17.61 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Aventura Private Wealth LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 302,951 shares of the company’s stock, valued at approximately $17,608,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 6.3% of Aventura Private Wealth LLC’s portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Global Retirement Partners LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $2,069,000. Sheets Smith Wealth Management increased its stake 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 valued at $6,846,000 after buying an additional 51,871 shares during the period. High Net Worth Advisory Group LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.4% during the third quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock worth $6,021,000 after acquiring an additional 21,219 shares during the last quarter. FAS Wealth Partners Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% in the third quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock worth $3,871,000 after acquiring an additional 39,412 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 142.8% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,640 shares of the company’s stock valued at $1,072,000 after acquiring an additional 10,963 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.7%

JEPQ stock opened at $55.76 on Friday. The firm has a market cap of $32.18 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The company’s fifty day simple moving average is $58.09 and its 200 day simple moving average is $57.92. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced 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. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend was Monday, March 2nd.

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.