IFP Advisors Inc Acquires 8,237 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) (2024)

Posted by Defense World Staff on Mar 18th, 2024

IFP Advisors Inc lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) by 29.2% during the 4th quarter, Holdings Channel reports. The firm owned 36,463 shares of the company’s stock after purchasing an additional 8,237 shares during the quarter. IFP Advisors Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,821,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Southland Equity Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 52.8% in the fourth quarter. Southland Equity Partners LLC now owns 14,771 shares of the company’s stock worth $737,000 after purchasing an additional 5,105 shares during the last quarter. Ignite Planners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.7% in the fourth quarter. Ignite Planners LLC now owns 74,635 shares of the company’s stock worth $3,700,000 after purchasing an additional 6,612 shares during the last quarter. Gill Capital Partners LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.2% in the fourth quarter. Gill Capital Partners LLC now owns 34,820 shares of the company’s stock valued at $1,739,000 after acquiring an additional 397 shares in the last quarter. Montecito Bank & Trust grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the fourth quarter. Montecito Bank & Trust now owns 8,810 shares of the company’s stock valued at $440,000 after acquiring an additional 750 shares in the last quarter. Finally, Modus Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.2% in the fourth quarter. Modus Advisors LLC now owns 15,451 shares of the company’s stock valued at $771,000 after acquiring an additional 3,206 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.9 %

Shares of NASDAQ JEPQ opened at $52.91 on Monday. The stock has a fifty day simple moving average of $52.10 and a two-hundred day simple moving average of $49.62. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $42.63 and a 1-year high of $53.74. The firm has a market cap of $9.78 billion, a price-to-earnings ratio of 23.03 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, March 4th were issued a $0.3804 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date of this dividend was Friday, March 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

(Free Report)

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.