Stratos Wealth Partners LTD. Purchases 11,314 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Stratos Wealth Partners LTD. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,580 shares of the company’s stock after purchasing an additional 11,314 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in JEPQ. GAMMA Investing LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.9% during the first quarter. GAMMA Investing LLC now owns 15,091 shares of the company’s stock valued at $781,000 after purchasing an additional 2,291 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,209,337 shares of the company’s stock valued at $62,619,000 after purchasing an additional 150,128 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.8% during the first quarter. CENTRAL TRUST Co now owns 4,266 shares of the company’s stock valued at $221,000 after purchasing an additional 1,171 shares in the last quarter. Institute for Wealth Management LLC. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.3% during the first quarter. Institute for Wealth Management LLC. now owns 10,502 shares of the company’s stock valued at $544,000 after purchasing an additional 234 shares in the last quarter. Finally, Cherry Tree Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 193.2% during the first quarter. Cherry Tree Wealth Management LLC now owns 17,548 shares of the company’s stock valued at $909,000 after purchasing an additional 11,563 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

Shares of NASDAQ:JEPQ opened at $57.48 on Friday. The stock has a fifty day simple moving average of $56.46 and a two-hundred day simple moving average of $53.80. The stock has a market capitalization of $30.98 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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