Integrity Wealth Partners LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Integrity Wealth Partners LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 89,005 shares of the company’s stock, valued at approximately $4,942,000. JPMorgan Nasdaq Equity Premium Income ETF comprises 4.4% of Integrity Wealth Partners LLC’s portfolio, making the stock its 5th biggest position.

Several other large investors have also recently bought and sold shares of JEPQ. Morgan Stanley increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the fourth quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after buying an additional 1,408,923 shares during the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after purchasing an additional 589,696 shares during the last quarter. Bank of America Corp DE increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock worth $678,061,000 after purchasing an additional 651,461 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 4th quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock valued at $476,315,000 after purchasing an additional 383,927 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock valued at $255,416,000 after purchasing an additional 748,170 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.39 on Friday. The stock has a 50-day simple moving average of $59.97 and a 200 day simple moving average of $58.61. The stock has a market capitalization of $39.24 billion, a P/E ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be given a $0.6366 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.9%. The ex-dividend date of this dividend is Wednesday, July 1st.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.