Marion Wealth Management Has $532,000 Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Marion Wealth Management lessened its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 9,786 shares of the company’s stock after selling 1,427 shares during the quarter. Marion Wealth Management’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $532,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. San Luis Wealth Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock worth $2,733,000 after purchasing an additional 3,047 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $73,000. US Bancorp DE raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.7% in the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock worth $1,475,000 after purchasing an additional 2,978 shares during the last quarter. Etesian Wealth Advisors Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 39.6% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 24,164 shares of the company’s stock worth $1,315,000 after purchasing an additional 6,859 shares during the last quarter. Finally, Wagner Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 23.9% in the 2nd quarter. Wagner Wealth Management LLC now owns 60,443 shares of the company’s stock worth $3,288,000 after purchasing an additional 11,646 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $58.77 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $59.42. The stock has a market capitalization of $31.93 billion, a PE ratio of 32.17 and a beta of 0.83. The company has a 50 day moving average price of $57.14 and a 200 day moving average price of $54.66.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd will be paid a dividend of $0.4755 per share. This represents a c) annualized dividend and a dividend yield of 9.7%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date of this dividend is Monday, November 3rd.

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.