Bouvel Investment Partners LLC Trims Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bouvel Investment Partners LLC lowered its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 44.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,399 shares of the company’s stock after selling 25,445 shares during the quarter. Bouvel Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,780,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. ORBA Wealth Advisors L.L.C. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 11.2% in the 1st quarter. ORBA Wealth Advisors L.L.C. now owns 57,399 shares of the company’s stock worth $2,972,000 after acquiring an additional 5,759 shares in the last quarter. Newport Capital Group LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.1% in the 1st quarter. Newport Capital Group LLC now owns 23,262 shares of the company’s stock worth $1,204,000 after acquiring an additional 471 shares in the last quarter. Foster Victor Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $529,000. Blodgett Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $331,000. Finally, Dynamic Advisor Solutions LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.5% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 134,132 shares of the company’s stock worth $6,945,000 after acquiring an additional 662 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $52.59 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54. The company has a 50 day simple moving average of $51.32 and a two-hundred day simple moving average of $54.22. The firm has a market cap of $24.57 billion, a P/E ratio of 30.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a dividend of $0.6207 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. This represents a $7.45 dividend on an annualized basis and a dividend yield of 14.16%. The ex-dividend date of this dividend was Monday, June 2nd.

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.