Foguth Wealth Management LLC. Has $556,000 Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Foguth Wealth Management LLC. reduced its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 90.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 9,085 shares of the company’s stock after selling 85,735 shares during the quarter. Foguth Wealth Management LLC.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $556,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Morgan Stanley lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after purchasing an additional 1,408,923 shares during the last quarter. LPL Financial LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the fourth 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 period. Bank of America Corp DE increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% in the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock valued at $770,489,000 after purchasing an additional 1,132,270 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth 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, Royal Bank of Canada raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after purchasing an additional 517,693 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $58.25 on Friday. The stock has a market cap of $39.68 billion, a PE ratio of 32.17 and a beta of 0.81. The firm has a 50-day moving average of $59.74 and a 200-day moving average of $58.66. 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 Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.6366 dividend. This represents a c) annualized dividend and a yield of 13.1%. The ex-dividend date of this dividend was 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.