Apollon Wealth Management LLC Grows Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Apollon Wealth Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.8% during the first quarter, HoldingsChannel.com reports. The fund owned 659,577 shares of the company’s stock after acquiring an additional 47,598 shares during the quarter. Apollon Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $36,620,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Howard Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock valued at $214,000 after purchasing an additional 173 shares in the last quarter. Montz Harcus Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the fourth quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock valued at $243,000 after purchasing an additional 176 shares in the last quarter. CPC Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock valued at $1,639,000 after purchasing an additional 178 shares during the last quarter. Fortis Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.6% in the 4th quarter. Fortis Advisors LLC now owns 7,326 shares of the company’s stock worth $426,000 after buying an additional 183 shares in the last quarter. Finally, Planning Directions Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 4th quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock worth $2,643,000 after buying an additional 184 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.42 on Monday. The company’s 50-day moving average price is $59.81 and its 200-day moving average price is $58.56. The company has a market cap of $37.58 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $53.51 and a twelve month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.5644 dividend. The ex-dividend date was Monday, June 1st.

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.