Stratos Wealth Advisors LLC Sells 2,969 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Stratos Wealth Advisors LLC reduced its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,685 shares of the company’s stock after selling 2,969 shares during the period. Stratos Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,615,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of JEPQ. First Pacific Financial acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $25,000. AllSquare Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% during the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock worth $26,000 after buying an additional 240 shares in the last quarter. Valley National Advisers Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 111.3% during the 1st quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after acquiring an additional 306 shares during the last quarter. Mascoma Wealth Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at $34,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.48 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The firm has a fifty day moving average of $56.46 and a two-hundred day moving average of $53.80. The stock has a market capitalization of $30.98 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a $0.4461 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

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.