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

WealthShield Partners LLC reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 16.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,230 shares of the company’s stock after selling 1,421 shares during the quarter. WealthShield Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $393,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JEPQ. Foundations Investment Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.1% in the second quarter. Foundations Investment Advisors LLC now owns 26,372 shares of the company’s stock worth $1,435,000 after purchasing an additional 6,256 shares during the last quarter. Hibernia Wealth Partners LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 256.0% during the second quarter. Hibernia Wealth Partners LLC now owns 58,253 shares of the company’s stock worth $3,169,000 after purchasing an additional 41,889 shares during the last quarter. Clearstead Trust LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $263,000. Thompson Davis & CO. Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.5% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 6,300 shares of the company’s stock valued at $343,000 after purchasing an additional 600 shares during the last quarter. Finally, Good Life Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 29.1% during the 2nd quarter. Good Life Advisors LLC now owns 78,966 shares of the company’s stock valued at $4,296,000 after buying an additional 17,797 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $57.82 on Friday. The company has a market capitalization of $31.22 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The business has a 50 day moving average of $57.60 and a 200 day moving average of $55.15. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd were paid a $0.4755 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%.

About JPMorgan Nasdaq Equity Premium Income ETF

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.