Stonebridge Financial Group LLC Cuts Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Stonebridge Financial Group LLC reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,923 shares of the company’s stock after selling 440 shares during the quarter. Stonebridge Financial Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $866,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Pacific Financial purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $25,000. AllSquare Wealth Management LLC grew its holdings in shares of 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 buying an additional 240 shares during the last quarter. Valley National Advisers Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 111.3% during the first 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 purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at $34,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $57.63 on Friday. The firm has a market capitalization of $31.17 billion, a PE ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The company’s fifty day moving average price is $56.17 and its 200-day moving average price is $53.61.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.4461 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. 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.