Coordinated Financial Services Inc. Invests $958,000 in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Coordinated Financial Services Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 2nd quarter, Holdings Channel.com reports. The firm bought 17,617 shares of the company’s stock, valued at approximately $958,000.

Several other hedge funds also recently made changes to their positions in JEPQ. Kingstone Capital Partners Texas LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after acquiring an additional 86,045,601 shares during the period. LPL Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the 1st quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after acquiring an additional 1,936,707 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the 1st quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock worth $1,146,197,000 after acquiring an additional 1,879,853 shares during the period. Allworth Financial LP lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 78,192.0% in the 1st quarter. Allworth Financial LP now owns 1,851,606 shares of the company’s stock worth $93,747,000 after acquiring an additional 1,849,241 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.4% in the 1st quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock worth $165,351,000 after acquiring an additional 1,178,637 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $57.63 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $58.54. The company has a fifty day moving average of $56.17 and a 200-day moving average of $53.61. The stock has a market capitalization of $31.17 billion, a PE ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.4461 dividend. This represents a c) annualized dividend and a dividend yield of 9.3%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date was Wednesday, October 1st.

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.