Waverly Advisors LLC Has $23.49 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Waverly Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 46.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 423,145 shares of the company’s stock after acquiring an additional 133,909 shares during the quarter. Waverly Advisors LLC owned approximately 0.07% of JPMorgan Nasdaq Equity Premium Income ETF worth $23,493,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JEPQ. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $33,000. Cerity Partners LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.7% in the 2nd 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 last quarter. Diversify Advisory Services LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock worth $370,000 after buying an additional 2,045 shares during the period. Diversify Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock worth $1,025,000 after buying an additional 2,566 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $57.96 on Friday. The company’s 50 day simple moving average is $59.99 and its 200 day simple moving average is $58.71. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72. The firm has a market capitalization of $39.09 billion, a P/E ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.6366 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 13.2%.

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.