Wealth Advisors of Iowa LLC Boosts Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wealth Advisors of Iowa LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 137,091 shares of the company’s stock after buying an additional 20,737 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 3.9% of Wealth Advisors of Iowa LLC’s portfolio, making the stock its 8th largest position. Wealth Advisors of Iowa LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,729,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPQ. Venturi Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after buying an additional 177 shares in the last quarter. Glen Eagle Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock worth $147,000 after purchasing an additional 188 shares during the period. Fortis Advisors LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after purchasing an additional 198 shares in the last quarter. Mayflower Financial Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock valued at $282,000 after purchasing an additional 200 shares during the period. Finally, Round Rock Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.4% during the fourth quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock worth $808,000 after buying an additional 200 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $52.65 on Friday. The stock has a market capitalization of $20.73 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54. The stock’s 50 day moving average price is $56.05 and its two-hundred day moving average price is $55.79.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.4824 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, March 3rd.

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.