Wealthspire Advisors LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF ( NASDAQ : JEPQ )

Wealthspire Advisors LLC, LPL Financial LLC, UBS Group AG, Osaic Holdings Inc., and RiverFront Investment Group LLC have all increased their stakes in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the second quarter. Wealthspire Advisors acquired 68,409 shares valued at $3,797,000. LPL Financial LLC increased its holdings by 16.4%, owning 7,216,924 shares worth $400,539,000. UBS Group AG boosted its stake by 18.7%, holding 2,399,478 shares valued at $119,806,000. Osaic Holdings Inc. grew its position by 26.0%, with 2,389,490 shares valued at $129,587,000. RiverFront Investment Group LLC raised its stake by 8.2%, owning 2,137,181 shares worth $115,920,000. Commonwealth Equity Services LLC also increased its holdings by 19.5%, owning 1,795,256 shares worth $99,637,000. JPMorgan Nasdaq Equity Premium Income ETF has a market capitalization of $15.26 billion, a price-to-earnings ratio of 32.10, and a beta of -0.84. The stock opened at $53.75 on Friday, with a 52-week low of $44.95 and a 52-week high of $56.18. The ETF recently disclosed a monthly dividend of $0.5569 per share, representing a $6.68 annualized dividend and a yield of 12.43%. The ex-dividend date was September 3rd. The ETF invests in large-cap US companies from the Nasda

Source: theenterpriseleader.com
Published on 2024-09-15