Stratos Wealth Advisors LLC Buys 23,148 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Stratos Wealth Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 78.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,833 shares of the company’s stock after purchasing an additional 23,148 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,039,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in JEPQ. Clarity Wealth Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.6% during the 2nd quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock valued at $2,117,000 after buying an additional 3,727 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $2,069,000. Sheets Smith Wealth Management lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 77.2% in the 3rd quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock valued at $6,846,000 after purchasing an additional 51,871 shares during the last quarter. FAS Wealth Partners Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% in the 3rd quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock worth $3,871,000 after purchasing an additional 39,412 shares during the period. Finally, High Net Worth Advisory Group LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.4% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock valued at $6,021,000 after purchasing an additional 21,219 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

JEPQ stock opened at $58.41 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $60.14. The stock has a market capitalization of $33.71 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The firm’s fifty day simple moving average is $58.74 and its two-hundred day simple moving average is $57.53.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.4657 per share. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date was Monday, February 2nd.

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