Synovus Financial Corp Takes $464,000 Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Synovus Financial Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,959 shares of the company’s stock, valued at approximately $464,000.

A number of other institutional investors also recently modified their holdings of JEPQ. First Pacific Financial bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $25,000. Future Financial Wealth Managment LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $26,000. AllSquare Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the first quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after purchasing an additional 240 shares during the period. Capital A Wealth Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $29,000. Finally, Valley National Advisers Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the first quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after purchasing an additional 306 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

Shares of JEPQ stock opened at $56.20 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54. The firm’s fifty day simple moving average is $54.78 and its 200 day simple moving average is $53.27. The firm has a market capitalization of $29.36 billion, a P/E ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 5th. Investors of record on Friday, August 1st were given a dividend of $0.4438 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a c) dividend on an annualized basis and a yield of 9.5%.

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.