ADG Wealth Management Group LLC Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

ADG Wealth Management Group LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 160,133 shares of the company’s stock after buying an additional 10,560 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 6.2% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 5th largest position. ADG Wealth Management Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,891,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in JEPQ. Russell Investments Group Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $33,000. Cerity Partners LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the second quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock valued at $2,091,000 after acquiring an additional 20,946 shares during the period. Diversify Advisory Services LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock worth $370,000 after purchasing an additional 2,045 shares in the last quarter. Diversify Wealth Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% in the second quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock worth $1,025,000 after purchasing an additional 2,566 shares during the period. Finally, Quantinno Capital Management LP bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $60.13 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The stock has a market cap of $38.03 billion, a PE ratio of 32.17 and a beta of 0.82. The business’s fifty day moving average is $59.79 and its 200-day moving average is $58.56.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.