StoneCrest Wealth Management Inc. Decreases Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

StoneCrest Wealth Management Inc. cut its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 84,195 shares of the company’s stock after selling 2,670 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 3.4% of StoneCrest Wealth Management Inc.’s holdings, making the stock its 11th biggest position. StoneCrest Wealth Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,625,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of JEPQ. Aurora Private Wealth Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock valued at $292,000 after acquiring an additional 189 shares during the last quarter. Global Wealth Strategies & Associates increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares in the last quarter. Tranquility Partners LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the 1st quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock worth $254,000 after purchasing an additional 214 shares during the last quarter. Main Street Financial Solutions LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the 2nd quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock valued at $452,000 after buying an additional 224 shares in the last quarter. Finally, Atlantic Union Bankshares Corp grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% during the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after buying an additional 237 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.53 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The stock has a fifty day moving average of $53.17 and a two-hundred day moving average of $53.76. The company has a market capitalization of $16.92 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a $0.551 dividend. This represents a $6.61 annualized dividend and a yield of 12.13%. The ex-dividend date of this dividend was Tuesday, October 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.