Ausdal Financial Partners Inc. Raises Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Ausdal Financial Partners Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 109.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,205 shares of the company’s stock after buying an additional 20,467 shares during the period. Ausdal Financial Partners Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,255,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JEPQ. Twin Peaks Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $26,000. Logan Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $27,000. Hantz Financial Services Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third 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 second quarter valued at approximately $33,000. Finally, Root Financial Partners LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $56.56 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $60.14. The stock has a market cap of $32.64 billion, a PE ratio of 32.17 and a beta of 0.83. The firm has a 50 day simple moving average of $58.29 and a two-hundred day simple moving average of $57.91.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.509 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

About JPMorgan Nasdaq Equity Premium Income ETF

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.