Chung Wu Investment Group LLC Reduces Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Chung Wu Investment Group LLC cut its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,986 shares of the company’s stock after selling 2,160 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 2.2% of Chung Wu Investment Group LLC’s holdings, making the stock its 10th biggest position. Chung Wu Investment Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,121,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. San Luis Wealth Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the second quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after acquiring an additional 3,047 shares during the period. Blodgett Wealth Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $331,000. US Bancorp DE increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.7% during the first quarter. US Bancorp DE now owns 28,482 shares of the company’s stock valued at $1,475,000 after purchasing an additional 2,978 shares during the period. Howard Capital Management Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.9% during the first quarter. Howard Capital Management Inc. now owns 376,654 shares of the company’s stock valued at $19,503,000 after purchasing an additional 43,049 shares during the period. Finally, Focus Financial Network Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.2% in the second quarter. Focus Financial Network Inc. now owns 12,284 shares of the company’s stock valued at $668,000 after purchasing an additional 1,895 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $57.28 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $58.54. The firm’s fifty day moving average price is $55.98 and its two-hundred day moving average price is $53.50. The company has a market capitalization of $30.90 billion, a P/E ratio of 32.17 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 Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.4461 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) dividend on an annualized basis and a yield of 9.3%.

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.