JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stake Increased by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 39.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,820 shares of the company’s stock after buying an additional 16,746 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.8% of IVC Wealth Advisors LLC’s portfolio, making the stock its 10th biggest holding. IVC Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,231,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 153.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,570 shares of the company’s stock worth $228,000 after purchasing an additional 2,770 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 62.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 71,650 shares of the company’s stock worth $3,886,000 after purchasing an additional 27,547 shares in the last quarter. SteelPeak Wealth LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $382,000. Chapin Davis Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at $514,000. Finally, Panoramic Investment Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the first quarter. Panoramic Investment Advisors LLC now owns 12,800 shares of the company’s stock valued at $694,000 after acquiring an additional 250 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

Shares of NASDAQ:JEPQ opened at $55.40 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18. The stock’s fifty day simple moving average is $54.09 and its 200-day simple moving average is $53.87. The company has a market capitalization of $17.57 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a dividend yield of 11.94%.

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.