JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stake Raised by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 151,495 shares of the company’s stock after buying an additional 16,743 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 3.7% of IVC Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest holding. IVC Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,411,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JEPQ. Logan Capital Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $27,000. Sankala Group LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $28,000. Navalign LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $33,000. Archer Investment Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at $34,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $61.34 on Friday. The business’s 50-day moving average is $59.60 and its two-hundred day moving average is $58.51. The company has a market capitalization of $38.79 billion, a P/E ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $52.56 and a fifty-two week high of $61.51.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 1st.

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.