JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stake Raised by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 42.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,686 shares of the company’s stock after acquiring an additional 11,314 shares during the quarter. Foundations Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,168,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $26,000. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $33,000. Root Financial Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $34,000. Asset Dedication LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after acquiring an additional 404 shares in the last quarter. Finally, AllSquare Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 59.8% during the second quarter. AllSquare Wealth Management LLC now owns 802 shares of the company’s stock worth $44,000 after acquiring an additional 300 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $59.43 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $60.14. The business’s 50-day moving average price is $58.75 and its two-hundred day moving average price is $57.32. The company has a market capitalization of $33.99 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were paid a $0.5761 dividend. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend was Wednesday, December 31st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55.

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.