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

Cresset Asset Management LLC decreased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,300 shares of the company’s stock after selling 17,496 shares during the period. Cresset Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,800,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Twin Peaks Wealth Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $26,000. Hantz Financial Services Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after purchasing an additional 351 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $33,000. Root Financial Partners LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $34,000. Finally, Asset Dedication LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock valued at $40,000 after buying an additional 404 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $56.85 on Monday. The business’s 50 day moving average price is $58.42 and its 200-day moving average price is $57.85. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14. The company has a market cap of $32.81 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.509 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 10.7%.

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.