Pinnacle Wealth Management Advisory Group LLC Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Pinnacle Wealth Management Advisory Group LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 25.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,182 shares of the company’s stock after buying an additional 11,229 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,056,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Midwest Trust Co purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $1,045,000. ZEGA Investments LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.2% during the second quarter. ZEGA Investments LLC now owns 44,351 shares of the company’s stock worth $2,413,000 after purchasing an additional 937 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.4% during the 2nd quarter. Prospera Financial Services Inc now owns 202,930 shares of the company’s stock valued at $11,043,000 after purchasing an additional 14,069 shares during the last quarter. Texas Yale Capital Corp. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $207,000. Finally, Mascagni Wealth Management Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.7% during the 2nd quarter. Mascagni Wealth Management Inc. now owns 10,208 shares of the company’s stock worth $555,000 after buying an additional 1,310 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.71 on Friday. The stock has a market cap of $31.16 billion, a PE ratio of 32.17 and a beta of 0.83. The stock has a 50-day moving average of $57.31 and a two-hundred day moving average of $54.89. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were paid a $0.4755 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 9.9%.

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.