Requisite Capital Management LLC Has $35.58 Million Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Requisite Capital Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 655,953 shares of the company’s stock after purchasing an additional 83,785 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 7.7% of Requisite Capital Management LLC’s holdings, making the stock its 4th biggest holding. Requisite Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $35,579,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the last quarter. Global Wealth Strategies & Associates increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after buying an additional 200 shares during the period. Atlantic Union Bankshares Corp increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after buying an additional 237 shares during the period. Iron Horse Wealth Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after buying an additional 240 shares during the period. Finally, Panoramic Investment Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the fourth quarter. Panoramic Investment Advisors LLC now owns 12,550 shares of the company’s stock valued at $627,000 after buying an additional 250 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock traded up $0.24 on Tuesday, hitting $55.45. The company had a trading volume of 2,986,579 shares, compared to its average volume of 2,711,199. The firm has a market cap of $13.10 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock’s 50-day moving average is $54.13 and its two-hundred day moving average is $52.81. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month high of $55.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be paid a dividend of $0.4212 per share. The ex-dividend date is Monday, July 1st. This represents a $5.05 annualized dividend and a yield of 9.11%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.