JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 601,084 shares of the company’s stock after buying an additional 58,034 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 0.9% of Cary Street Partners Financial LLC’s holdings, making the stock its 21st largest holding. Cary Street Partners Financial LLC owned about 0.11% of JPMorgan Nasdaq Equity Premium Income ETF worth $34,574,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in JEPQ. Clarity Wealth Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.6% in the 2nd quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock valued at $2,117,000 after buying an additional 3,727 shares during the last quarter. Global Retirement Partners LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $2,069,000. Sheets Smith Wealth Management boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 77.2% in the third quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock valued at $6,846,000 after acquiring an additional 51,871 shares in the last quarter. FAS Wealth Partners Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% during the third quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock worth $3,871,000 after purchasing an additional 39,412 shares during the last quarter. Finally, High Net Worth Advisory Group LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.4% during the third quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock worth $6,021,000 after purchasing an additional 21,219 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.09 on Wednesday. The company has a market capitalization of $33.52 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14. The stock has a 50-day simple moving average of $58.57 and a 200-day simple moving average of $57.73.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.