Robertson Stephens Wealth Management LLC Has $2.76 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Robertson Stephens Wealth Management LLC trimmed its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 16.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,650 shares of the company’s stock after selling 10,287 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. First Pacific Financial acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at about $25,000. AllSquare Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.6% during the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after buying an additional 240 shares during the last quarter. Valley National Advisers Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 111.3% during the 1st quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after buying an additional 306 shares during the last quarter. Mascoma Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at about $34,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $56.33 on Friday. The stock’s 50 day simple moving average is $56.22 and its 200 day simple moving average is $53.63. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $58.54. The company has a market capitalization of $30.46 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.4461 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%. 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.

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.