Tandem Financial LLC Has $858,000 Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Tandem Financial LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 16,577 shares of the company’s stock after acquiring an additional 3,756 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 0.9% of Tandem Financial LLC’s investment portfolio, making the stock its 26th biggest position. Tandem Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $858,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. First Pacific Financial acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $25,000. Future Financial Wealth Managment LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at about $26,000. AllSquare Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% during the first quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after acquiring an additional 254 shares during the period. Finally, Capital A Wealth Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $29,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $55.20 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54. The company has a 50-day moving average of $53.57 and a two-hundred day moving average of $53.53. The stock has a market capitalization of $28.42 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were given a dividend of $0.4942 per share. This represents a $5.93 dividend on an annualized basis and a yield of 10.74%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.