JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Red Crane Wealth Management LLC

Red Crane Wealth Management LLC lessened its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 16.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,650 shares of the company’s stock after selling 3,126 shares during the period. Red Crane Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $851,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. ELCO Management Co. LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.3% in the 1st quarter. ELCO Management Co. LLC now owns 6,300 shares of the company’s stock worth $326,000 after acquiring an additional 200 shares during the period. WealthShield Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the first quarter. WealthShield Partners LLC now owns 8,651 shares of the company’s stock valued at $448,000 after purchasing an additional 207 shares in the last quarter. Forum Financial Management LP raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.7% during the second quarter. Forum Financial Management LP now owns 4,680 shares of the company’s stock valued at $255,000 after purchasing an additional 209 shares in the last quarter. Interchange Capital Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the first quarter. Interchange Capital Partners LLC now owns 5,878 shares of the company’s stock valued at $304,000 after purchasing an additional 232 shares in the last quarter. Finally, Fortis Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.5% during the second quarter. Fortis Advisors LLC now owns 6,966 shares of the company’s stock valued at $379,000 after purchasing an additional 234 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5%

Shares of NASDAQ JEPQ opened at $57.75 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $58.54. The firm’s 50-day simple moving average is $56.60 and its 200 day simple moving average is $53.98. The stock has a market cap of $31.05 billion, a P/E ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a dividend of $0.4461 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date was Wednesday, October 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.