Sowell Financial Services LLC Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sowell Financial Services LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,598 shares of the company’s stock after buying an additional 16,813 shares during the quarter. Sowell Financial Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,716,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Chapin Davis Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the 3rd quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock worth $1,749,000 after acquiring an additional 183 shares during the period. SlateStone Wealth LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.3% during the second quarter. SlateStone Wealth LLC now owns 66,490 shares of the company’s stock worth $3,617,000 after purchasing an additional 199 shares in the last quarter. Balefire LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the third quarter. Balefire LLC now owns 4,287 shares of the company’s stock valued at $247,000 after purchasing an additional 202 shares during the last quarter. Forum Financial Management LP increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.7% in the second quarter. Forum Financial Management LP now owns 4,680 shares of the company’s stock valued at $255,000 after buying an additional 209 shares in the last quarter. Finally, Anderson Financial Strategies LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the second quarter. Anderson Financial Strategies LLC now owns 38,666 shares of the company’s stock valued at $2,103,000 after buying an additional 216 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.34 on Monday. The firm has a market capitalization of $32.04 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $59.43. The firm’s 50-day simple moving average is $58.31 and its 200 day simple moving average is $56.45.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a $0.5532 dividend. This represents a c) annualized dividend and a dividend yield of 11.2%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date of this dividend was Monday, December 1st.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.