Stratos Wealth Partners LTD. Trims Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Stratos Wealth Partners LTD. lowered its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,682 shares of the company’s stock after selling 16,689 shares during the period. Stratos Wealth Partners LTD.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Sheets Smith Wealth Management lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 77.2% during the third quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock worth $6,846,000 after purchasing an additional 51,871 shares during the last quarter. FAS Wealth Partners Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% in the third quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock worth $3,871,000 after purchasing an additional 39,412 shares during the last quarter. High Net Worth Advisory Group LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.4% in the third quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock worth $6,021,000 after purchasing an additional 21,219 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 142.8% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,640 shares of the company’s stock worth $1,072,000 after buying an additional 10,963 shares during the period. Finally, Cambridge Advisors Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 13.9% in the 3rd quarter. Cambridge Advisors Inc. now owns 206,939 shares of the company’s stock worth $11,903,000 after buying an additional 25,316 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $55.59 on Friday. The firm has a market capitalization of $34.33 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14. The company has a 50-day moving average of $57.40 and a 200 day moving average of $57.88.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.5586 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date of this dividend is Wednesday, April 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.