KFG Wealth Management LLC Acquires 5,621 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

KFG Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 55.7% in the second quarter, HoldingsChannel reports. The firm owned 15,716 shares of the company’s stock after buying an additional 5,621 shares during the quarter. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $872,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in JEPQ. SJS Investment Consulting Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at about $28,000. TD Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $40,000. Global Wealth Strategies & Associates raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after acquiring an additional 200 shares in the last quarter. Roble Belko & Company Inc purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $43,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.1 %

JEPQ traded up $0.08 during trading on Friday, reaching $53.45. The stock had a trading volume of 1,688,838 shares, compared to its average volume of 2,876,164. The company has a market capitalization of $15.17 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The stock’s 50 day moving average is $54.13 and its two-hundred day moving average is $53.51. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were paid a $0.4268 dividend. This represents a $5.12 annualized dividend and a dividend yield of 9.58%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend was Thursday, August 1st.

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.