Tranquility Partners LLC Reduces Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Tranquility Partners LLC reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,122 shares of the company’s stock after selling 249 shares during the period. Tranquility Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $224,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. San Luis Wealth Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after purchasing an additional 3,047 shares in the last quarter. Blodgett Wealth Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $331,000. US Bancorp DE increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.7% in the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock valued at $1,475,000 after purchasing an additional 2,978 shares in the last quarter. Howard Capital Management Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12.9% in the 1st quarter. Howard Capital Management Inc. now owns 376,654 shares of the company’s stock valued at $19,503,000 after purchasing an additional 43,049 shares in the last quarter. Finally, Focus Financial Network Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 18.2% in the 2nd quarter. Focus Financial Network Inc. now owns 12,284 shares of the company’s stock valued at $668,000 after purchasing an additional 1,895 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $56.33 on Friday. The business has a 50 day moving average price of $56.22 and a 200 day moving average price of $53.63. The company has a market capitalization of $30.36 billion, a P/E ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a dividend of $0.4461 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) annualized dividend and a yield of 9.5%.

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.