Apexium Financial LP Acquires 15,124 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Apexium Financial LP boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 189,285 shares of the company’s stock after purchasing an additional 15,124 shares during the quarter. Apexium Financial LP’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $10,888,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPQ. Adalta Capital Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $173,000. Triumph Capital Management boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.3% in the third quarter. Triumph Capital Management now owns 13,750 shares of the company’s stock valued at $791,000 after acquiring an additional 695 shares during the period. American Trust grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.8% in the third quarter. American Trust now owns 42,838 shares of the company’s stock worth $2,464,000 after acquiring an additional 346 shares during the last quarter. Verity Asset Management Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.8% in the third quarter. Verity Asset Management Inc. now owns 50,378 shares of the company’s stock worth $2,898,000 after acquiring an additional 4,488 shares during the last quarter. Finally, Prosperity Consulting Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $653,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $57.59 on Wednesday. The stock has a market cap of $33.23 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $60.14. The company has a fifty day moving average price of $58.24 and a 200 day moving average price of $57.93.

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. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date was Monday, March 2nd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

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