Bauman Advisory Group LLC Has $324,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Bauman Advisory Group LLC lowered its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 71.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,835 shares of the company’s stock after selling 14,946 shares during the quarter. Bauman Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $324,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $33,000. Cerity Partners LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% in the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after purchasing an additional 20,946 shares during the last quarter. Diversify Advisory Services LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock worth $370,000 after purchasing an additional 2,045 shares during the last quarter. Diversify Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock worth $1,025,000 after buying an additional 2,566 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $59.26 on Friday. The business’s fifty day moving average price is $60.11 and its two-hundred day moving average price is $58.70. The firm has a market capitalization of $39.55 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date of this dividend was Wednesday, July 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.