JSF Financial LLC Decreases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

JSF Financial LLC lowered its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 47.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,550 shares of the company’s stock after selling 12,161 shares during the quarter. JSF Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPQ. Logan Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $27,000. Sankala Group LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $28,000. Navalign LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $33,000. Archer Investment Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $34,000. Finally, IFC & Insurance Marketing Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $58.59 on Tuesday. The stock has a market capitalization of $39.32 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. The stock’s 50-day simple moving average is $60.06 and its two-hundred day simple moving average is $58.69. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.6366 dividend. This represents a c) annualized dividend and a dividend yield of 13.0%. The ex-dividend date was Wednesday, July 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.