45,776 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Purchased by Stillwater Wealth Management Group

Stillwater Wealth Management Group purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 45,776 shares of the company’s stock, valued at approximately $2,633,000. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.8% of Stillwater Wealth Management Group’s holdings, making the stock its 25th biggest holding.

Other institutional investors also recently bought and sold shares of the company. Fortis Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the third quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after acquiring an additional 177 shares during the last quarter. Chapin Davis Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the third quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock worth $1,749,000 after acquiring an additional 183 shares during the last quarter. Joseph P. Lucia & Associates LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.5% in the third quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock worth $2,080,000 after acquiring an additional 192 shares during the last quarter. Parallel Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% during the third quarter. Parallel Advisors LLC now owns 18,783 shares of the company’s stock worth $1,080,000 after purchasing an additional 193 shares in the last quarter. Finally, SlateStone Wealth LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.3% during the second quarter. SlateStone Wealth LLC now owns 66,490 shares of the company’s stock worth $3,617,000 after purchasing an additional 199 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $56.82 on Thursday. The business has a fifty day moving average price of $58.20 and a 200 day moving average price of $57.92. The company has a market cap of $32.79 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.509 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. The ex-dividend date was Monday, March 2nd.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.