Carr Financial Group Corp Has $5.16 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Carr Financial Group Corp increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,969 shares of the company’s stock after buying an additional 12,148 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.5% of Carr Financial Group Corp’s investment portfolio, making the stock its 15th biggest holding. Carr Financial Group Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,162,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JEPQ. Aurora Private Wealth Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the second quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock worth $292,000 after buying an additional 189 shares during the last quarter. Tranquility Partners LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% in the 1st quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock worth $254,000 after acquiring an additional 214 shares during the last quarter. Lifestyle Asset Management Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 3rd quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock valued at $3,195,000 after acquiring an additional 217 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after purchasing an additional 224 shares in the last quarter. Finally, Greenwich Wealth Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the third quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock worth $1,288,000 after purchasing an additional 232 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

Shares of NASDAQ:JEPQ opened at $56.54 on Friday. The business’s 50 day moving average is $54.41 and its 200 day moving average is $54.08. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $56.60. The stock has a market cap of $18.24 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.4936 per share. This represents a $5.92 dividend on an annualized basis and a yield of 10.48%. The ex-dividend date was Friday, November 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.