Fortress Financial Solutions LLC Invests $494,000 in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Fortress Financial Solutions LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,079 shares of the company’s stock, valued at approximately $494,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $35,000. SVB Wealth LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $36,000. NorthRock Partners LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $59,000. Finally, SouthState Corp acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $72,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.8%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.42 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $59.42. The company has a fifty day simple moving average of $57.71 and a 200 day simple moving average of $55.48. The company has a market cap of $31.55 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were given a $0.4755 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend was Monday, November 3rd.

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.