Elmwood Wealth Management Inc. Purchases Shares of 16,724 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Elmwood Wealth Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16,724 shares of the company’s stock, valued at approximately $1,028,000.

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

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1%

Shares of NASDAQ JEPQ opened at $59.34 on Friday. The company has a market cap of $40.60 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. The firm’s fifty day moving average is $59.62 and its 200 day moving average is $58.66. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.705 per share. This represents a c) annualized dividend and a dividend yield of 14.3%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. The ex-dividend date of this dividend was Monday, August 3rd.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

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