FRG Family Wealth Advisors LLC Sells 17,195 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

FRG Family Wealth Advisors LLC reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 15.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,996 shares of the company’s stock after selling 17,195 shares during the quarter. FRG Family Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,289,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Fortis Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the third quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after buying an additional 177 shares during the period. Chapin Davis Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the 3rd quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock valued at $1,749,000 after acquiring an additional 183 shares in the last quarter. Planning Directions Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 4th quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock valued at $2,643,000 after acquiring an additional 184 shares in the last quarter. Joseph P. Lucia & Associates LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.5% in the 3rd quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock valued at $2,080,000 after acquiring an additional 192 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Parallel Advisors LLC now owns 18,783 shares of the company’s stock valued at $1,080,000 after acquiring an additional 193 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $55.92 on Wednesday. The business’s 50-day moving average price is $57.25 and its two-hundred day moving average price is $57.87. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $45.15 and a twelve month high of $60.14. The stock has a market cap of $34.61 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a $0.5586 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. This represents a c) dividend on an annualized basis and a yield of 12.0%. The ex-dividend date of this dividend was Wednesday, April 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.