KFG Wealth Management LLC Buys 11,458 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

KFG Wealth Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,423 shares of the company’s stock after buying an additional 11,458 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.7% of KFG Wealth Management LLC’s portfolio, making the stock its 28th biggest position. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of JEPQ. World Investment Advisors boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 40.0% during the fourth quarter. World Investment Advisors now owns 85,793 shares of the company’s stock worth $4,986,000 after purchasing an additional 24,531 shares in the last quarter. Ruggiero Investments Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $1,072,000. IVC Wealth Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12.4% during the 1st quarter. IVC Wealth Advisors LLC now owns 151,495 shares of the company’s stock worth $8,411,000 after buying an additional 16,743 shares during the period. Southern Capital Services Inc. ADV acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $10,720,000. Finally, Cornerstone Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the fourth quarter. Cornerstone Wealth Management LLC now owns 152,844 shares of the company’s stock worth $8,883,000 after acquiring an additional 9,344 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3%

NASDAQ:JEPQ opened at $59.15 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The stock has a 50-day moving average price of $59.48 and a two-hundred day moving average price of $58.82. The stock has a market cap of $40.47 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.