Requisite Capital Management LLC Trims Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Requisite Capital Management LLC decreased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 79.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,424 shares of the company’s stock after selling 13,495 shares during the period. Requisite Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $201,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JEPQ. Logan Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $27,000. Hantz Financial Services Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after purchasing an additional 351 shares during the period. Navalign LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $33,000. Root Financial Partners LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $34,000. Finally, Archer Investment Corp bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $59.77 on Monday. The stock has a fifty day simple moving average of $57.64 and a two-hundred day simple moving average of $58.13. The firm has a market capitalization of $37.80 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.71 and a 52-week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.591 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 11.9%.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.