Paradigm Strategies in Wealth Management LLC Acquires 9,315 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Paradigm Strategies in Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 57.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,526 shares of the company’s stock after acquiring an additional 9,315 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 1.0% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 17th largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,417,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPQ. D.A. Davidson & CO. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% during the fourth quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock worth $6,532,000 after buying an additional 13,200 shares in the last quarter. Ethos Capital Management Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $1,105,000. Clear Creek Financial Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% in the 4th quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock valued at $1,631,000 after acquiring an additional 9,340 shares in the last quarter. Sunpointe LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.4% in the 4th quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock worth $4,122,000 after acquiring an additional 10,901 shares during the period. Finally, James Reed Financial Services Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 4th quarter. James Reed Financial Services Inc. now owns 439,846 shares of the company’s stock worth $25,564,000 after acquiring an additional 26,869 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.3%

Shares of NASDAQ:JEPQ opened at $58.51 on Friday. The firm has a market capitalization of $39.05 billion, a PE ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72. The business’s 50 day moving average is $60.08 and its 200-day moving average is $58.69.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given 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 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.