Kingsview Wealth Management LLC Boosts Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Kingsview Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 23.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 300,051 shares of the company’s stock after purchasing an additional 57,357 shares during the quarter. Kingsview Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $17,439,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $27,000. Hantz Financial Services Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after purchasing an additional 351 shares during the period. Navalign LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $33,000. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $33,000. Finally, Archer Investment Corp purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $60.76 on Thursday. The firm has a 50 day simple moving average of $58.10 and a 200-day simple moving average of $58.21. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $51.82 and a one year high of $60.83. The firm has a market cap of $38.43 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a $0.591 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 11.7%.

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.