Putney Financial Group LLC Reduces Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Putney Financial Group LLC cut its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,725 shares of the company’s stock after selling 200 shares during the period. Putney Financial Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $94,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JEPQ. San Luis Wealth Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock worth $2,733,000 after buying an additional 3,047 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $73,000. US Bancorp DE increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.7% during the first quarter. US Bancorp DE now owns 28,482 shares of the company’s stock worth $1,475,000 after acquiring an additional 2,978 shares during the last quarter. Wagner Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.9% in the second quarter. Wagner Wealth Management LLC now owns 60,443 shares of the company’s stock worth $3,288,000 after acquiring an additional 11,646 shares in the last quarter. Finally, Retirement Planning Group LLC NY boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 106.4% in the second quarter. Retirement Planning Group LLC NY now owns 10,683 shares of the company’s stock valued at $581,000 after purchasing an additional 5,506 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.4%

JEPQ stock opened at $58.96 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $59.28. The stock’s 50 day moving average is $57.00 and its two-hundred day moving average is $54.46. The company has a market capitalization of $31.86 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.4461 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date was Wednesday, October 1st.

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.