Semus Wealth Partners LLC Has $2.85 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Semus Wealth Partners LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 51,868 shares of the company’s stock after acquiring an additional 5,944 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up 2.0% of Semus Wealth Partners LLC’s portfolio, making the stock its 11th biggest position. Semus Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,849,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in JEPQ. Aurora Private Wealth Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock valued at $292,000 after purchasing an additional 189 shares during the period. Lifestyle Asset Management Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the third 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 during the last quarter. Main Street Financial Solutions LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the second quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock valued at $452,000 after acquiring an additional 224 shares during the last quarter. Greenwich Wealth Management LLC increased its position 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 valued at $1,288,000 after acquiring an additional 232 shares during the last quarter. Finally, Security National Bank increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Security National Bank now owns 2,596 shares of the company’s stock valued at $144,000 after acquiring an additional 238 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $55.80 on Monday. The stock’s 50-day simple moving average is $54.80 and its 200 day simple moving average is $54.24. The company has a market cap of $18.00 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $56.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.4936 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.62%. 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.