WNY Asset Management LLC Reduces Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

WNY Asset Management LLC lowered its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 48.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 212,524 shares of the company’s stock after selling 202,803 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 1.3% of WNY Asset Management LLC’s investment portfolio, making the stock its 16th largest position. WNY Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $11,561,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JEPQ. Kingstone Capital Partners Texas LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after buying an additional 86,045,601 shares in the last quarter. LPL Financial LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% during the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after buying an additional 1,936,707 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock worth $1,146,197,000 after buying an additional 1,879,853 shares in the last quarter. Allworth Financial LP grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 78,192.0% during the first quarter. Allworth Financial LP now owns 1,851,606 shares of the company’s stock worth $93,747,000 after buying an additional 1,849,241 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.4% during the first quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock worth $165,351,000 after buying an additional 1,178,637 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

JEPQ stock opened at $59.10 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.14. The company has a market capitalization of $31.75 billion, a P/E ratio of 32.17 and a beta of 0.83. The firm has a 50 day simple moving average of $56.84 and a 200-day simple moving average of $54.36.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a $0.4461 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.