Sowell Financial Services LLC Acquires 3,750 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sowell Financial Services LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 47,785 shares of the company’s stock after acquiring an additional 3,750 shares during the quarter. Sowell Financial Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,600,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. ELCO Management Co. LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.3% during the 1st quarter. ELCO Management Co. LLC now owns 6,300 shares of the company’s stock worth $326,000 after acquiring an additional 200 shares during the period. WealthShield Partners LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the 1st quarter. WealthShield Partners LLC now owns 8,651 shares of the company’s stock worth $448,000 after acquiring an additional 207 shares during the period. Interchange Capital Partners LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 1st quarter. Interchange Capital Partners LLC now owns 5,878 shares of the company’s stock worth $304,000 after acquiring an additional 232 shares during the period. Institute for Wealth Management LLC. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.3% during the 1st quarter. Institute for Wealth Management LLC. now owns 10,502 shares of the company’s stock worth $544,000 after acquiring an additional 234 shares during the period. Finally, Investment Planning Advisors Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.7% during the 1st quarter. Investment Planning Advisors Inc. now owns 34,282 shares of the company’s stock worth $1,775,000 after acquiring an additional 239 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $57.16 on Monday. The business has a fifty day simple moving average of $55.48 and a 200 day simple moving average of $53.16. The company has a market capitalization of $29.86 billion, a PE ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, September 2nd were paid a $0.442 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a yield of 9.3%.

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.