Why I Loaded Up on This Ultra-High-Yielding ETF After the Nasdaq's Recent Slump
The Nasdaq-100 Index has cooled off a bit from its red-hot run. It was recently down more than 8% from its peak. Even with that decline, it's still up more than 20% over the past year.
I recently took advantage of the Nasdaq-100's slump by loading up on a unique exchange-traded fund (ETF) focused on the growth-driven market index: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ). The ETF supplies lots of dividend income while providing upside to the Nasdaq-100 with less volatility.
The JPMorgan Nasdaq Equity Premium Income ETF has a triple mandate. It seeks to distribute Income to investors each month while providing equity exposure to the Nasdaq-100 with less volatility.
Source Fool.com
JPMorgan Chase & Co. Stock
€194.82
-0.290%
With 34 Buy predictions and not a single Sell prediction JPMorgan Chase & Co. is an absolute favorite of our community.
As a result the target price of 202 € shows a slightly positive potential of 3.69% compared to the current price of 194.82 € for JPMorgan Chase & Co..
