Kingsview Wealth Management LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kingsview Wealth Management LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 97,725 shares of the company’s stock after acquiring an additional 8,437 shares during the period. Kingsview Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,368,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in JEPQ. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $25,000. Beacon Capital Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $26,000. SJS Investment Consulting Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $28,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $33,000. Finally, CENTRAL TRUST Co bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $56.57 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $56.78. The firm has a fifty day moving average price of $55.13 and a 200-day moving average price of $54.34. The company has a market cap of $18.25 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.4936 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date of this dividend was Friday, November 1st.

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.