Flagstar Advisors Inc. Has $2.52 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Flagstar Advisors Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 33.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 44,395 shares of the company’s stock after purchasing an additional 11,152 shares during the quarter. Flagstar Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,523,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of JEPQ. Alpha Financial Partners LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $467,000. Creative Planning increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.4% in the 3rd 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 in the last quarter. Cyndeo Wealth Partners LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.5% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 7,953 shares of the company’s stock valued at $437,000 after acquiring an additional 1,010 shares in the last quarter. Foundations Investment Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.9% in the 3rd quarter. Foundations Investment Advisors LLC now owns 11,609 shares of the company’s stock valued at $638,000 after acquiring an additional 2,463 shares in the last quarter. Finally, Calton & Associates Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $677,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

Shares of JEPQ stock opened at $58.38 on Wednesday. The firm has a market capitalization of $22.98 billion, a PE ratio of 32.10 and a beta of -0.84. The firm has a fifty day simple moving average of $57.33 and a two-hundred day simple moving average of $55.51. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.47.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.4502 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.