Financial Guidance Group Inc. Reduces Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Financial Guidance Group Inc. lessened its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,362 shares of the company’s stock after selling 375 shares during the period. Financial Guidance Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beacon Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $26,000. SJS Investment Consulting Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at approximately $28,000. CENTRAL TRUST Co acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $48,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $56,000. Finally, First Command Advisory Services Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6 %

JEPQ opened at $55.25 on Friday. The firm’s fifty day simple moving average is $54.05 and its two-hundred day simple moving average is $53.86. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18. The company has a market cap of $17.44 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 11.97%. The ex-dividend date was Tuesday, October 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.