JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Holdings Lifted by Marion Wealth Management

Marion Wealth Management grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,071 shares of the company’s stock after purchasing an additional 1,624 shares during the period. Marion Wealth Management’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $608,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JEPQ. Global Assets Advisory LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at approximately $60,320,000. LPL Financial LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after purchasing an additional 1,017,261 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock valued at $518,000 after purchasing an additional 922,558 shares during the last quarter. Cetera Investment Advisers boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 550.6% in the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock worth $57,049,000 after purchasing an additional 890,120 shares in the last quarter. Finally, Jane Street Group LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% during the first quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock worth $43,071,000 after buying an additional 783,584 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $54.26 on Tuesday. The firm has a market cap of $16.83 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock’s 50-day moving average is $53.17 and its two-hundred day moving average is $53.76. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a $0.551 dividend. This represents a $6.61 dividend on an annualized basis and a dividend yield of 12.19%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.