Valmark Advisers Inc. Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Valmark Advisers Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 96.8% during the third quarter, Holdings Channel reports. The institutional investor owned 35,788 shares of the company’s stock after acquiring an additional 17,601 shares during the quarter. Valmark Advisers Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,059,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $26,000. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $33,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $35,000. Asset Dedication LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% in the 2nd quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after purchasing an additional 404 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $44,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $59.16 on Friday. The firm has a market capitalization of $33.32 billion, a P/E ratio of 32.17 and a beta of 0.83. The business’s 50-day moving average is $58.33 and its 200 day moving average is $56.82. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a $0.5761 dividend. This represents a c) annualized dividend and a dividend yield of 11.7%. The ex-dividend date of this dividend was Wednesday, December 31st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55.

JPMorgan Nasdaq Equity Premium Income ETF 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.