Sunpointe LLC Acquires 14,880 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sunpointe LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,530 shares of the company’s stock after acquiring an additional 14,880 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.2% of Sunpointe LLC’s holdings, making the stock its 19th largest position. Sunpointe LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,075,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JEPQ. First Pacific Financial bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $25,000. Future Financial Wealth Managment LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $26,000. AllSquare Wealth Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares in the last quarter. Capital A Wealth Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $29,000. Finally, Valley National Advisers Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the 1st quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after acquiring an additional 306 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.0%

JEPQ stock opened at $56.83 on Wednesday. The stock has a market capitalization of $29.69 billion, a PE ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54. The stock’s 50 day simple moving average is $55.32 and its 200 day simple moving average is $53.11.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.442 per share. This represents a c) annualized dividend and a dividend yield of 9.3%. The ex-dividend date of this dividend was Tuesday, September 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.