Cary Street Partners Financial LLC Has $29.54 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Cary Street Partners Financial LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 543,050 shares of the company’s stock after acquiring an additional 29,361 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up about 0.8% of Cary Street Partners Financial LLC’s portfolio, making the stock its 23rd largest holding. Cary Street Partners Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $29,542,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $26,000. Russell Investments Group Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $35,000. SVB Wealth LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth about $36,000. Finally, NorthRock Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $58.82 on Friday. The stock has a market capitalization of $31.76 billion, a PE ratio of 32.17 and a beta of 0.83. The business’s 50 day simple moving average is $57.91 and its 200 day simple moving average is $55.78. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a dividend of $0.5532 per share. This represents a c) annualized dividend and a dividend yield of 11.3%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date was Monday, December 1st.

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.