Farther Finance Advisors LLC Trims Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Farther Finance Advisors LLC lessened its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,863 shares of the company’s stock after selling 32,691 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,874,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Montz Harcus Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 4th quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock worth $243,000 after purchasing an additional 176 shares during the period. Fortis Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the third quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after buying an additional 177 shares during the last quarter. Chapin Davis Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the third quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock valued at $1,749,000 after buying an additional 183 shares during the last quarter. Planning Directions Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the fourth quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock worth $2,643,000 after buying an additional 184 shares during the period. Finally, Joseph P. Lucia & Associates LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.5% in the third quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock worth $2,080,000 after buying an additional 192 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

JEPQ opened at $58.53 on Friday. The business has a fifty day moving average of $57.13 and a 200 day moving average of $57.90. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.14 and a 52-week high of $60.14. The stock has a market cap of $36.36 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.5586 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. This represents a c) dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend was Wednesday, April 1st.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.