Bridgewealth Advisory Group LLC Has $1.40 Million Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bridgewealth Advisory Group LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 38.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,164 shares of the company’s stock after purchasing an additional 6,990 shares during the quarter. Bridgewealth Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,397,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Summit Trail Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $227,000. Thrivent Financial for Lutherans lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.1% during the second quarter. Thrivent Financial for Lutherans now owns 28,888 shares of the company’s stock valued at $1,603,000 after acquiring an additional 5,987 shares during the period. Garden State Investment Advisory Services LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.5% in the 2nd quarter. Garden State Investment Advisory Services LLC now owns 69,915 shares of the company’s stock valued at $3,883,000 after purchasing an additional 12,362 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.9% in the 2nd quarter. AE Wealth Management LLC now owns 40,830 shares of the company’s stock worth $2,266,000 after purchasing an additional 11,007 shares during the last quarter. Finally, WealthTrust Asset Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $222,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.0 %

NASDAQ:JEPQ opened at $54.41 on Friday. The firm has a market cap of $15.45 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The company’s 50-day moving average price is $53.13 and its two-hundred day moving average price is $53.68.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.5569 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $6.68 annualized dividend and a dividend yield of 12.28%. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.