Lifestyle Asset Management Inc. Lowers Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Lifestyle Asset Management Inc. lowered its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,388 shares of the company’s stock after selling 16,927 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 1.1% of Lifestyle Asset Management Inc.’s investment portfolio, making the stock its 15th largest position. Lifestyle Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Northern Trust Corp raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.3% during the 4th quarter. Northern Trust Corp now owns 6,764 shares of the company’s stock valued at $381,000 after buying an additional 1,000 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $372,000. Royal Bank of Canada raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 22.9% during the 4th quarter. Royal Bank of Canada now owns 3,013,607 shares of the company’s stock valued at $169,907,000 after buying an additional 561,095 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $14,366,000. Finally, WBI Investments LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $3,088,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.82 on Tuesday. The stock has a market cap of $29.69 billion, a P/E ratio of 32.17 and a beta of -0.84. 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 fifty day moving average price is $55.27 and its 200-day moving average price is $53.08.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.442 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.