Foguth Wealth Management LLC. Has $556,000 Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Foguth Wealth Management LLC. lessened its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 90.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,085 shares of the company’s stock after selling 85,735 shares during the quarter. Foguth Wealth Management LLC.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $556,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in JEPQ. Bank of America Corp DE increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares during the last quarter. Morgan Stanley boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after buying an additional 1,408,923 shares during the last quarter. Equitable Holdings Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% in the fourth quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock valued at $111,739,000 after buying an additional 1,231,809 shares in the last quarter. LPL Financial LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after buying an additional 589,696 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after buying an additional 517,693 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

NASDAQ JEPQ opened at $58.25 on Friday. The firm’s fifty day moving average price is $59.74 and its two-hundred day moving average price is $58.66. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The firm has a market capitalization of $39.68 billion, a P/E ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 13.1%.

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.