Lee Johnson Capital Management LLC Reduces Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Lee Johnson Capital Management LLC cut its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,631 shares of the company’s stock after selling 9,780 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 1.9% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 12th biggest position. Lee Johnson Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,420,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after buying an additional 1,533,280 shares during the period. Morgan Stanley increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the fourth quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after acquiring an additional 1,408,923 shares during the last quarter. Equitable Holdings Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 178.3% during the fourth quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock worth $111,739,000 after acquiring an additional 1,231,809 shares during the last quarter. Ameriprise Financial Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock valued at $255,416,000 after purchasing an additional 748,170 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after purchasing an additional 589,696 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $61.34 on Monday. The stock has a market cap of $38.79 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $52.56 and a twelve month high of $61.51. The stock has a fifty day simple moving average of $59.60 and a 200-day simple moving average of $58.51.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.5644 dividend. The ex-dividend date of this dividend was Monday, June 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.