Sowell Financial Services LLC Acquires 14,595 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sowell Financial Services LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 47.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,102 shares of the company’s stock after acquiring an additional 14,595 shares during the period. Sowell Financial Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,543,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mainstream Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Crewe Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares during the period. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Kestra Investment Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $33,000. Finally, Hollencrest Capital Management bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.7 %

NASDAQ JEPQ opened at $53.76 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The stock has a market cap of $21.17 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84. The company’s 50 day moving average is $56.87 and its two-hundred day moving average is $55.91.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.4824 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, March 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.