Marshall Financial Group LLC Has $2.39 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Marshall Financial Group LLC reduced its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 86.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,599 shares of the company’s stock after selling 272,566 shares during the period. Marshall Financial Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,393,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SlateStone Wealth LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.3% in the 2nd quarter. SlateStone Wealth LLC now owns 66,490 shares of the company’s stock valued at $3,617,000 after purchasing an additional 199 shares during the period. Balefire LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the third quarter. Balefire LLC now owns 4,287 shares of the company’s stock valued at $247,000 after purchasing an additional 202 shares in the last quarter. Forum Financial Management LP increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.7% in the 2nd quarter. Forum Financial Management LP now owns 4,680 shares of the company’s stock valued at $255,000 after buying an additional 209 shares during the period. Anderson Financial Strategies LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the 2nd quarter. Anderson Financial Strategies LLC now owns 38,666 shares of the company’s stock worth $2,103,000 after buying an additional 216 shares in the last quarter. Finally, Fortis Advisors LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.5% during the 2nd quarter. Fortis Advisors LLC now owns 6,966 shares of the company’s stock valued at $379,000 after buying an additional 234 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.3%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.91 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $59.42. The stock has a market cap of $31.27 billion, a P/E ratio of 32.17 and a beta of 0.83. The company’s fifty day simple moving average is $58.07 and its 200-day simple moving average is $56.13.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were paid a $0.5532 dividend. This represents a c) dividend on an annualized basis and a yield of 11.5%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date was Monday, December 1st.

JPMorgan Nasdaq Equity Premium Income ETF 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.