Base Wealth Management LLC Purchases New Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Base Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,928 shares of the company’s stock, valued at approximately $829,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 0.5% of Base Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of JEPQ. Beam Wealth Advisors Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 136.4% in the 1st quarter. Beam Wealth Advisors Inc. now owns 47,536 shares of the company’s stock worth $2,639,000 after buying an additional 27,424 shares during the last quarter. Southern Capital Services Inc. ADV raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.2% during the first quarter. Southern Capital Services Inc. ADV now owns 192,191 shares of the company’s stock worth $10,670,000 after acquiring an additional 7,740 shares during the period. Richmond Investment Services LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 24.4% during the first quarter. Richmond Investment Services LLC now owns 8,036 shares of the company’s stock worth $446,000 after acquiring an additional 1,578 shares during the period. KERR FINANCIAL PLANNING Corp lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.8% in the first quarter. KERR FINANCIAL PLANNING Corp now owns 6,070 shares of the company’s stock worth $357,000 after acquiring an additional 385 shares during the last quarter. Finally, WealthPLAN Partners LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 19.0% in the first quarter. WealthPLAN Partners LLC now owns 4,706 shares of the company’s stock worth $261,000 after acquiring an additional 752 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $59.45 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72. The firm has a market capitalization of $39.71 billion, a P/E ratio of 32.17 and a beta of 0.81. The business has a 50 day simple moving average of $60.01 and a 200 day simple moving average of $58.66.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. This represents a c) dividend on an annualized basis and a yield of 12.8%. The ex-dividend date of this dividend was Wednesday, July 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.