Diversify Wealth Management LLC Boosts Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Diversify Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 72.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,317 shares of the company’s stock after buying an additional 13,537 shares during the period. Diversify Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,907,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Russell Investments Group Ltd. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $33,000. Cerity Partners LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% in the second quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock valued at $2,091,000 after purchasing an additional 20,946 shares during the period. Diversify Advisory Services LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% in the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after purchasing an additional 2,045 shares during the period. Quantinno Capital Management LP acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $2,000,000. Finally, Raymond James Financial Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the 2nd quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock worth $212,896,000 after purchasing an additional 94,985 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $60.19 on Wednesday. The firm has a market capitalization of $40.20 billion, a P/E ratio of 32.17 and a beta of 0.81. The business’s 50-day moving average is $60.09 and its two-hundred day moving average is $58.69. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.6366 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 12.7%.

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.