Focus Financial Network Inc. Has $668,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Focus Financial Network Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 18.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,284 shares of the company’s stock after buying an additional 1,895 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $668,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after acquiring an additional 1,879,853 shares during the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% during the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock valued at $561,868,000 after acquiring an additional 1,936,707 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.3% during the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock valued at $197,724,000 after acquiring an additional 720,369 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the first quarter. Envestnet Asset Management Inc. now owns 3,382,816 shares of the company’s stock valued at $175,162,000 after acquiring an additional 141,724 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.4% during the first quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock valued at $165,351,000 after acquiring an additional 1,178,637 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $57.16 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54. The company has a fifty day moving average price of $55.48 and a 200-day moving average price of $53.16. The company has a market capitalization of $29.86 billion, a P/E ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

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

JPMorgan Nasdaq Equity Premium Income ETF Company 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.