Goldstone Financial Group LLC Reduces Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Goldstone Financial Group LLC lowered its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 44,870 shares of the company’s stock after selling 4,930 shares during the quarter. Goldstone Financial Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,323,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. O Shaughnessy Asset Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after acquiring an additional 254 shares during the last quarter. Mainstream Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $28,000. Future Financial Wealth Managment LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $26,000. Capital A Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $29,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.8%

Shares of NASDAQ JEPQ opened at $52.59 on Friday. The stock has a market cap of $24.57 billion, a PE ratio of 30.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54. The business has a 50-day moving average price of $51.32 and a 200 day moving average price of $54.24.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a $0.6207 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. This represents a $7.45 dividend on an annualized basis and a dividend yield of 14.16%.

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.