Kingswood Wealth Advisors LLC Cuts Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Kingswood Wealth Advisors LLC cut its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,447 shares of the company’s stock after selling 4,010 shares during the period. Kingswood Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,812,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. First Pacific Financial purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at $25,000. AllSquare Wealth Management LLC raised its position in shares of 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 purchasing an additional 240 shares during the last quarter. Valley National Advisers Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the 1st quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after buying an additional 306 shares in the last quarter. Mascoma Wealth Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth about $34,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.46 on Tuesday. The stock has a market capitalization of $31.00 billion, a P/E ratio of 32.17 and a beta of -0.84. The business has a 50 day simple moving average of $56.03 and a two-hundred day simple moving average of $53.53. 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 Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.4461 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 9.3%.

JPMorgan Nasdaq Equity Premium Income ETF 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.