JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Position Decreased by Apollon Wealth Management LLC

Apollon Wealth Management LLC cut its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 20.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 612,128 shares of the company’s stock after selling 161,904 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $35,210,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in JEPQ. Baird Financial Group Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the first quarter. Baird Financial Group Inc. now owns 560,169 shares of the company’s stock valued at $29,006,000 after acquiring an additional 94,634 shares in the last quarter. FRG Family Wealth Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.5% during the 1st quarter. FRG Family Wealth Advisors LLC now owns 117,244 shares of the company’s stock worth $6,071,000 after purchasing an additional 20,772 shares during the last quarter. Calton & Associates Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at $622,000. Royal Bank of Canada raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.2% during the 1st quarter. Royal Bank of Canada now owns 3,080,536 shares of the company’s stock valued at $159,509,000 after purchasing an additional 66,929 shares in the last quarter. Finally, Ameriflex Group Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.4% in the 1st quarter. Ameriflex Group Inc. now owns 13,259 shares of the company’s stock valued at $687,000 after purchasing an additional 3,171 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.34 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.43. The company’s fifty day moving average price is $58.31 and its two-hundred day moving average price is $56.43. The company has a market capitalization of $32.04 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 Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a dividend of $0.5532 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48.

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