Marks Wealth LLC Trims Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Marks Wealth LLC decreased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 24.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,313 shares of the company’s stock after selling 8,891 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up 0.5% of Marks Wealth LLC’s portfolio, making the stock its 13th biggest holding. Marks Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,571,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Twin Peaks Wealth Advisors LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $26,000. Russell Investments Group Ltd. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $33,000. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $35,000. Asset Dedication LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the 2nd quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after acquiring an additional 404 shares during the last quarter. Finally, WFA of San Diego LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $44,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $58.89 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The business has a fifty day moving average price of $58.38 and a 200-day moving average price of $56.94. The firm has a market capitalization of $33.24 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were paid a $0.5761 dividend. This represents a c) annualized dividend and a dividend yield of 11.7%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. The ex-dividend date of this dividend was Wednesday, December 31st.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.