Wealth Enhancement Advisory Services LLC Decreases Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Wealth Enhancement Advisory Services LLC cut its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 30.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 834,892 shares of the company’s stock after selling 366,543 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.16% of JPMorgan Nasdaq Equity Premium Income ETF worth $47,856,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Chapin Davis Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the third quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock worth $1,749,000 after acquiring an additional 183 shares during the last quarter. Joseph P. Lucia & Associates LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.5% during the third quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock worth $2,080,000 after buying an additional 192 shares in the last quarter. SlateStone Wealth LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.3% in the second quarter. SlateStone Wealth LLC now owns 66,490 shares of the company’s stock valued at $3,617,000 after acquiring an additional 199 shares in the last quarter. Balefire LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 3rd quarter. Balefire LLC now owns 4,287 shares of the company’s stock worth $247,000 after purchasing an additional 202 shares in the last quarter. Finally, Forum Financial Management LP lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.7% in the 2nd quarter. Forum Financial Management LP now owns 4,680 shares of the company’s stock valued at $255,000 after purchasing an additional 209 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.2%

Shares of NASDAQ:JEPQ traded down $0.71 during trading on Tuesday, reaching $58.21. The stock had a trading volume of 2,144,724 shares, compared to its average volume of 5,038,346. The stock has a market cap of $32.86 billion, a P/E ratio of 32.17 and a beta of 0.83. The business has a fifty day moving average price of $58.41 and a 200-day moving average price of $57.05. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.5761 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.