Requisite Capital Management LLC Has $381,000 Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Requisite Capital Management LLC reduced its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 99.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,996 shares of the company’s stock after selling 1,151,370 shares during the period. Requisite Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $381,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. San Luis Wealth Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock worth $2,733,000 after acquiring an additional 3,047 shares during the period. Blodgett Wealth Advisors LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth about $331,000. US Bancorp DE boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.7% during the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock worth $1,475,000 after purchasing an additional 2,978 shares in the last quarter. Selway Asset Management bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth about $207,000. Finally, Howard Capital Management Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.9% during the 1st quarter. Howard Capital Management Inc. now owns 376,654 shares of the company’s stock worth $19,503,000 after purchasing an additional 43,049 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $57.52 on Wednesday. The stock has a market capitalization of $30.05 billion, a PE ratio of 32.17 and a beta of -0.84. The company’s 50-day moving average is $55.85 and its 200-day moving average is $53.40. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.4461 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%.

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.