Southern Capital Services Inc. ADV Purchases Shares of 184,451 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Southern Capital Services Inc. ADV acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 184,451 shares of the company’s stock, valued at approximately $10,720,000. JPMorgan Nasdaq Equity Premium Income ETF makes up about 6.8% of Southern Capital Services Inc. ADV’s investment portfolio, making the stock its 5th largest position.

Several other hedge funds also recently made changes to their positions in JEPQ. Logan Capital Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $27,000. Navalign LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $33,000. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $33,000. Archer Investment Corp acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $34,000. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $61.34 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $52.56 and a one year high of $61.51. The stock has a fifty day moving average of $59.60 and a 200-day moving average of $58.51. The company has a market capitalization of $38.79 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.