AE Wealth Management LLC Sells 26,931 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

AE Wealth Management LLC reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 51.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,766 shares of the company’s stock after selling 26,931 shares during the quarter. AE Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,402,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. AllSquare Wealth Management LLC increased 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 acquiring an additional 240 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $35,000. SVB Wealth LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $36,000. Bear Mountain Capital Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.4% in the first quarter. Bear Mountain Capital Inc. now owns 1,046 shares of the company’s stock valued at $54,000 after purchasing an additional 250 shares during the period. Finally, Pin Oak Investment Advisors Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.7% during the first quarter. Pin Oak Investment Advisors Inc. now owns 1,076 shares of the company’s stock worth $56,000 after purchasing an additional 271 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.1%

JEPQ opened at $58.75 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.42. The firm has a market capitalization of $31.73 billion, a PE ratio of 32.17 and a beta of 0.83. The firm’s 50-day moving average price is $57.52 and its 200 day moving average price is $55.06.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd were given a dividend of $0.4755 per share. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45.

JPMorgan Nasdaq Equity Premium Income ETF 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.