Global Trust Asset Management LLC Reduces Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Global Trust Asset Management LLC reduced its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 54.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,450 shares of the company’s stock after selling 1,705 shares during the quarter. Global Trust Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $75,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $26,000. Mainstream Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $28,000. O Shaughnessy Asset Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock worth $28,000 after purchasing an additional 254 shares in the last quarter. Capital A Wealth Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $29,000. Finally, Kestra Investment Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $52.78 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54. The firm has a 50-day moving average of $51.50 and a 200 day moving average of $54.17. The stock has a market cap of $24.66 billion, a P/E ratio of 30.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.6207 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date was Monday, June 2nd. This represents a $7.45 dividend on an annualized basis and a dividend yield of 14.11%.

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.