Etesian Wealth Advisors Inc. Raises Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Etesian Wealth Advisors Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 31.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 14,198 shares of the company’s stock after acquiring an additional 3,399 shares during the period. Etesian Wealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $780,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in JEPQ. PNC Financial Services Group Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 153.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,570 shares of the company’s stock worth $228,000 after acquiring an additional 2,770 shares during the period. RFG Advisory LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $579,000. MJP Associates Inc. ADV purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $230,000. International Assets Investment Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.1% during the first quarter. International Assets Investment Management LLC now owns 40,235 shares of the company’s stock worth $2,170,000 after buying an additional 4,983 shares during the period. Finally, High Net Worth Advisory Group LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.8% during the first quarter. High Net Worth Advisory Group LLC now owns 83,535 shares of the company’s stock worth $4,531,000 after buying an additional 19,655 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ traded up $0.28 during midday trading on Friday, hitting $55.27. 1,913,465 shares of the stock were exchanged, compared to its average volume of 2,820,517. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18. The stock has a fifty day simple moving average of $53.82 and a 200 day simple moving average of $53.81. The firm has a market cap of $17.24 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a dividend of $0.551 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 annualized dividend and a dividend yield of 11.96%.

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.