Verus Capital Partners LLC Acquires 869 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Verus Capital Partners LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,609 shares of the company’s stock after acquiring an additional 869 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $523,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JEPQ. Kingstone Capital Partners Texas LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after purchasing an additional 86,045,601 shares in the last quarter. LPL Financial LLC boosted its holdings 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 valued at $561,868,000 after buying an additional 1,936,707 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings 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 valued at $1,146,197,000 after buying an additional 1,879,853 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.4% in the first quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock valued at $165,351,000 after buying an additional 1,178,637 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 574.4% during the first quarter. Avantax Advisory Services Inc. now owns 969,244 shares of the company’s stock worth $50,187,000 after buying an additional 825,516 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $58.72 on Wednesday. The company has a fifty day moving average price of $57.45 and a two-hundred day moving average price of $55.04. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The stock has a market cap of $31.71 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were issued a dividend of $0.4755 per share. The ex-dividend date was Monday, November 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) dividend on an annualized basis and a yield of 9.7%.

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.