Requisite Capital Management LLC Buys 327,611 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Requisite Capital Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 42.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,104,337 shares of the company’s stock after buying an additional 327,611 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 12.7% of Requisite Capital Management LLC’s portfolio, making the stock its 4th biggest position. Requisite Capital Management LLC owned 0.36% of JPMorgan Nasdaq Equity Premium Income ETF worth $60,661,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JEPQ. MADDEN SECURITIES Corp boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.7% during the 3rd quarter. MADDEN SECURITIES Corp now owns 305,406 shares of the company’s stock valued at $16,776,000 after purchasing an additional 13,775 shares in the last quarter. Hilltop Wealth Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.7% during the 3rd quarter. Hilltop Wealth Advisors LLC now owns 411,736 shares of the company’s stock valued at $22,617,000 after purchasing an additional 6,951 shares in the last quarter. Fermata Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 38.9% during the 3rd quarter. Fermata Advisors LLC now owns 6,292 shares of the company’s stock valued at $346,000 after purchasing an additional 1,763 shares in the last quarter. Castle Rock Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.6% during the 3rd quarter. Castle Rock Wealth Management LLC now owns 9,637 shares of the company’s stock valued at $523,000 after purchasing an additional 241 shares in the last quarter. Finally, Modus Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.6% during the 3rd quarter. Modus Advisors LLC now owns 33,702 shares of the company’s stock valued at $1,851,000 after purchasing an additional 3,780 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

NASDAQ:JEPQ traded up $0.10 on Friday, hitting $54.86. The stock had a trading volume of 2,335,616 shares, compared to its average volume of 2,825,344. The business’s fifty day moving average is $53.28 and its 200 day moving average is $53.77. The company has a market cap of $17.11 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.05%.

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.