Financial Partners Group Inc Has $10.30 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Financial Partners Group Inc increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 26.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,599 shares of the company’s stock after acquiring an additional 38,426 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 1.5% of Financial Partners Group Inc’s holdings, making the stock its 21st largest holding. Financial Partners Group Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $10,295,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JEPQ. Cornerstone Wealth Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $225,000. GAMMA Investing LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% during the fourth quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock worth $722,000 after acquiring an additional 4,895 shares during the last quarter. Creative Planning lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.4% during the third quarter. Creative Planning now owns 23,608 shares of the company’s stock valued at $1,297,000 after acquiring an additional 2,966 shares during the period. Franklin Resources Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 781.5% in the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock valued at $20,844,000 after acquiring an additional 335,448 shares during the last quarter. Finally, Claro Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $329,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1 %

Shares of NASDAQ:JEPQ opened at $57.47 on Monday. The stock has a market capitalization of $22.55 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.31. The business has a 50-day moving average price of $57.23 and a two-hundred day moving average price of $55.19.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.