JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.6% in the third quarter, Holdings Channel reports. The institutional investor owned 142,371 shares of the company’s stock after acquiring an additional 8,791 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,189,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $26,000. Hantz Financial Services Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after purchasing an additional 351 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Root Financial Partners LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $34,000. Finally, Asset Dedication LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after buying an additional 404 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $58.41 on Thursday. The firm has a 50-day simple moving average of $58.74 and a two-hundred day simple moving average of $57.53. The stock has a market cap of $33.71 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.4657 dividend. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date was Monday, February 2nd.

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.