Financial Partners Group Inc Purchases 31,535 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Financial Partners Group Inc lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 144,173 shares of the company’s stock after buying an additional 31,535 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 1.2% of Financial Partners Group Inc’s holdings, making the stock its 23rd biggest position. Financial Partners Group Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,919,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Aurora Private Wealth Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock valued at $292,000 after buying an additional 189 shares during the period. Tranquility Partners LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the first quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock valued at $254,000 after purchasing an additional 214 shares in the last quarter. Main Street Financial Solutions LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the second quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after purchasing an additional 224 shares during the last quarter. Greenwich Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock valued at $1,288,000 after purchasing an additional 232 shares in the last quarter. Finally, Security National Bank raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% during the 2nd quarter. Security National Bank now owns 2,596 shares of the company’s stock worth $144,000 after buying an additional 238 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ traded up $0.35 during trading hours on Tuesday, hitting $54.70. The company’s stock had a trading volume of 1,218,295 shares, compared to its average volume of 2,846,241. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.53 and a twelve month high of $56.18. The stock has a fifty day simple moving average of $54.23 and a 200-day simple moving average of $53.97. The company has a market capitalization of $17.65 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be paid a $0.4936 dividend. The ex-dividend date is Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.83%.

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.