FWG Holdings LLC Reduces Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

FWG Holdings LLC reduced its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 74.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,364 shares of the company’s stock after selling 116,365 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.0% of FWG Holdings LLC’s investment portfolio, making the stock its 17th biggest position. FWG Holdings LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,206,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of JEPQ. Strategic Blueprint LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.3% during the 1st quarter. Strategic Blueprint LLC now owns 4,511 shares of the company’s stock valued at $234,000 after purchasing an additional 565 shares during the period. World Investment Advisors increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 29.4% in the 1st quarter. World Investment Advisors now owns 16,709 shares of the company’s stock worth $865,000 after buying an additional 3,792 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 83.0% during the first quarter. Concurrent Investment Advisors LLC now owns 42,475 shares of the company’s stock valued at $2,199,000 after acquiring an additional 19,270 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the first quarter. Envestnet Asset Management Inc. now owns 3,382,816 shares of the company’s stock valued at $175,162,000 after acquiring an additional 141,724 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 147.4% in the first quarter. Crossmark Global Holdings Inc. now owns 13,615 shares of the company’s stock worth $705,000 after acquiring an additional 8,111 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.0%

NASDAQ:JEPQ opened at $58.19 on Wednesday. The stock has a 50-day moving average price of $57.18 and a 200 day moving average price of $54.73. The stock has a market capitalization of $31.61 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd will be issued a $0.4755 dividend. This represents a c) annualized dividend and a dividend yield of 9.8%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date of this dividend is Monday, November 3rd.

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.