James Reed Financial Services Inc. Trims Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

James Reed Financial Services Inc. trimmed its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 421,287 shares of the company’s stock after selling 18,559 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises about 20.2% of James Reed Financial Services Inc.’s investment portfolio, making the stock its 3rd largest holding. James Reed Financial Services Inc. owned about 0.07% of JPMorgan Nasdaq Equity Premium Income ETF worth $23,390,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Howard Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock valued at $214,000 after purchasing an additional 173 shares in the last quarter. Montz Harcus Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock valued at $243,000 after buying an additional 176 shares in the last quarter. CPC Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock worth $1,639,000 after acquiring an additional 178 shares in the last quarter. Fortis Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.6% in the 4th quarter. Fortis Advisors LLC now owns 7,326 shares of the company’s stock valued at $426,000 after acquiring an additional 183 shares in the last quarter. Finally, Planning Directions Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 4th quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock worth $2,643,000 after purchasing an additional 184 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $60.13 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72. The company has a market cap of $38.03 billion, a P/E ratio of 32.17 and a beta of 0.82. The stock’s 50-day simple moving average is $59.79 and its 200 day simple moving average is $58.56.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.5644 per share. The ex-dividend date was Monday, June 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.