Financial Partners Group Inc Purchases 31,535 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Financial Partners Group Inc lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 144,173 shares of the company’s stock after purchasing an additional 31,535 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 1.2% of Financial Partners Group Inc’s holdings, making the stock its 23rd largest holding. Financial Partners Group Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,919,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Aurora Private Wealth Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% in the second quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock worth $292,000 after purchasing an additional 189 shares during the last quarter. Tranquility Partners LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the 1st quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock valued at $254,000 after buying an additional 214 shares during the last quarter. Main Street Financial Solutions LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock valued at $452,000 after buying an additional 224 shares during the period. Greenwich Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock worth $1,288,000 after acquiring an additional 232 shares during the last quarter. Finally, Security National Bank increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Security National Bank now owns 2,596 shares of the company’s stock valued at $144,000 after acquiring an additional 238 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.35 during trading on Tuesday, reaching $54.70. 1,218,295 shares of the stock were exchanged, compared to its average volume of 2,846,241. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.53 and a 1 year high of $56.18. The firm has a market cap of $17.65 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The stock’s fifty day moving average is $54.23 and its 200 day moving average is $53.97.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be paid a $0.4936 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 10.83%. The ex-dividend date of this dividend is Friday, November 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.