Forum Financial Management LP Acquires 209 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Forum Financial Management LP lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,680 shares of the company’s stock after acquiring an additional 209 shares during the quarter. Forum Financial Management LP’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $255,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after purchasing an additional 86,045,601 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock worth $1,146,197,000 after purchasing an additional 1,879,853 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after purchasing an additional 1,936,707 shares in the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 23.3% in the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock worth $197,724,000 after purchasing an additional 720,369 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the first quarter. Envestnet Asset Management Inc. now owns 3,382,816 shares of the company’s stock worth $175,162,000 after purchasing an additional 141,724 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.7%

JEPQ opened at $58.96 on Tuesday. The stock has a fifty day simple moving average of $56.77 and a two-hundred day simple moving average of $54.29. The company has a market cap of $31.67 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.04.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a $0.4461 dividend. This represents a c) dividend on an annualized basis and a yield of 9.1%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date was Wednesday, October 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.