Visionary Wealth Advisors Reduces Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Visionary Wealth Advisors lowered its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 69,385 shares of the company’s stock after selling 5,328 shares during the period. Visionary Wealth Advisors’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,912,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Mainstream Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $28,000. O Shaughnessy Asset Management LLC lifted its stake 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 purchasing an additional 254 shares during the period. Crewe Advisors LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the period. Kestra Investment Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $33,000. Finally, Venturi Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after buying an additional 177 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

Shares of NASDAQ:JEPQ opened at $52.52 on Monday. The stock has a fifty day simple moving average of $50.89 and a two-hundred day simple moving average of $54.71. The stock has a market capitalization of $24.54 billion, a price-to-earnings ratio of 30.01 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.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, May 1st were issued a $0.5979 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.54. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $7.17 dividend on an annualized basis and a dividend yield of 13.66%.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

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.