Kelly Financial Services LLC Trims Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kelly Financial Services LLC lowered its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 44.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,046 shares of the company’s stock after selling 9,636 shares during the quarter. Kelly Financial Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $624,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Yarger Wealth Strategies LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at $412,000. Capital Advisors Ltd. LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 1st quarter. Capital Advisors Ltd. LLC now owns 10,270 shares of the company’s stock valued at $532,000 after buying an additional 480 shares during the period. Ulland Investment Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,225.3% in the 1st quarter. Ulland Investment Advisors LLC now owns 76,283 shares of the company’s stock valued at $3,950,000 after buying an additional 75,077 shares during the period. Skyline Advisors Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the 1st quarter. Skyline Advisors Inc. now owns 12,358 shares of the company’s stock valued at $640,000 after buying an additional 2,627 shares during the period. Finally, Capital Advisory Group Advisory Services LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 41.2% in the 1st quarter. Capital Advisory Group Advisory Services LLC now owns 5,344 shares of the company’s stock valued at $277,000 after buying an additional 1,559 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1%

JEPQ stock opened at $52.92 on Thursday. The company has a market capitalization of $24.72 billion, a PE ratio of 30.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54. The business’s fifty day moving average price is $51.06 and its 200 day moving average price is $54.29.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid a dividend of $0.6207 per share. This represents a $7.45 annualized dividend and a yield of 14.08%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date was Monday, June 2nd.

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.