JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Mountain Capital Investment Advisors Inc.

Mountain Capital Investment Advisors Inc. decreased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 177,397 shares of the company’s stock after selling 3,994 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.8% of Mountain Capital Investment Advisors Inc.’s investment portfolio, making the stock its 8th largest position. Mountain Capital Investment Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,546,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of JEPQ. First Pacific Financial acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $25,000. AllSquare Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares during the last quarter. Valley National Advisers Inc. raised its holdings 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 acquiring an additional 306 shares during the last quarter. Mascoma Wealth Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $34,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $57.48 on Monday. The company has a 50 day simple moving average of $56.46 and a 200-day simple moving average of $53.84. The company has a market capitalization of $30.96 billion, a P/E ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.4461 per share. 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.

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.