Integrated Financial Solutions Inc. Takes Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Integrated Financial Solutions Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the second quarter, Holdings Channel reports. The firm bought 9,150 shares of the company’s stock, valued at approximately $562,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for 0.3% of Integrated Financial Solutions Inc.’s investment portfolio, making the stock its 26th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JEPQ. GM Advisory Group LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the first quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock worth $1,084,000 after buying an additional 170 shares during the last quarter. Howard Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock worth $214,000 after acquiring an additional 173 shares during the period. Red Mountain Financial LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% in the first quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock valued at $237,000 after acquiring an additional 175 shares during the last quarter. CPC Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock valued at $1,639,000 after acquiring an additional 178 shares during the last quarter. Finally, Fortis Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.6% during the 4th quarter. Fortis Advisors LLC now owns 7,326 shares of the company’s stock valued at $426,000 after acquiring an additional 183 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6%

Shares of JEPQ stock opened at $60.00 on Thursday. The company has a 50 day moving average of $59.54 and a 200-day moving average of $58.69. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72. The firm has a market cap of $41.05 billion, a P/E ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.705 per share. This represents a c) annualized dividend and a yield of 14.1%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. The ex-dividend date of this dividend was Monday, August 3rd.

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.