Foguth Wealth Management LLC. Invests $5.51 Million in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Foguth Wealth Management LLC. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 94,820 shares of the company’s stock, valued at approximately $5,508,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $26,000. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $27,000. Hantz Financial Services Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after buying an additional 351 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $34,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.2%

Shares of NASDAQ:JEPQ opened at $56.70 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14. The firm’s 50 day moving average price is $58.16 and its 200 day moving average price is $57.92. The stock has a market cap of $32.72 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.509 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 10.8%.

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.