James Reed Financial Services Inc. Lowers Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

James Reed Financial Services Inc. trimmed its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 421,287 shares of the company’s stock after selling 18,559 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 20.2% of James Reed Financial Services Inc.’s investment portfolio, making the stock its 3rd largest holding. James Reed Financial Services Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $23,390,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. D.A. Davidson & CO. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% in the 4th quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock valued at $6,532,000 after acquiring an additional 13,200 shares in the last quarter. Choreo LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 499.0% during the 3rd quarter. Choreo LLC now owns 59,746 shares of the company’s stock worth $3,437,000 after purchasing an additional 49,772 shares in the last quarter. Ethos Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $1,105,000. Clear Creek Financial Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 49.9% in the fourth quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock worth $1,631,000 after purchasing an additional 9,340 shares during the period. Finally, Cadence Bank raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 37.9% in the third quarter. Cadence Bank now owns 100,298 shares of the company’s stock valued at $5,769,000 after purchasing an additional 27,546 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.7%

JEPQ opened at $60.13 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $53.51 and a twelve month high of $61.72. The company has a 50-day simple moving average of $59.79 and a 200 day simple moving average of $58.56. The stock has a market capitalization of $38.03 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a $0.5644 dividend. The ex-dividend date 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.