Rooted Wealth Advisors Inc. Acquires New Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Rooted Wealth Advisors Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 68,749 shares of the company’s stock, valued at approximately $3,965,000. JPMorgan Nasdaq Equity Premium Income ETF makes up 1.1% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 22nd largest position.

Other hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $33,000. Cerity Partners LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the second quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after buying an additional 20,946 shares in the last quarter. Diversify Advisory Services LLC increased its position in 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 worth $370,000 after buying an additional 2,045 shares in the last quarter. Diversify Wealth Management LLC increased its position in 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 worth $1,025,000 after buying an additional 2,566 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $60.21 on Monday. The stock has a fifty day moving average of $57.88 and a two-hundred day moving average of $58.16. The company has a market capitalization of $38.08 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $51.71 and a fifty-two week high of $60.32.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were given a dividend of $0.591 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 11.8%.

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.