US Bancorp DE Lowers Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

US Bancorp DE trimmed its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 25,943 shares of the company’s stock after selling 2,539 shares during the period. US Bancorp DE’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,411,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Morey & Quinn Wealth Partners LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $209,000. Clear Creek Financial Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 2nd quarter. Clear Creek Financial Management LLC now owns 13,464 shares of the company’s stock worth $732,000 after acquiring an additional 552 shares in the last quarter. Fortis Advisors LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.5% during the 2nd quarter. Fortis Advisors LLC now owns 6,966 shares of the company’s stock worth $379,000 after acquiring an additional 234 shares in the last quarter. Matisse Capital purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $228,000. Finally, Abel Hall LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $930,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $57.12 on Friday. The firm has a market capitalization of $30.79 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 firm’s 50-day moving average is $56.42 and its two-hundred day moving average is $53.76.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.4461 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 9.4%.

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.