Consilium Wealth Advisory LLC Trims Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Consilium Wealth Advisory LLC reduced its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,470 shares of the company’s stock after selling 2,268 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 2.0% of Consilium Wealth Advisory LLC’s holdings, making the stock its 17th largest holding. Consilium Wealth Advisory LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Valmark Advisers Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 32.7% in the 2nd quarter. Valmark Advisers Inc. now owns 13,778 shares of the company’s stock valued at $765,000 after purchasing an additional 3,393 shares during the period. Ritholtz Wealth Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $322,000. Interchange Capital Partners LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 41.5% during the 2nd quarter. Interchange Capital Partners LLC now owns 12,538 shares of the company’s stock valued at $696,000 after purchasing an additional 3,678 shares in the last quarter. Cascade Financial Partners LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $202,000. Finally, Essex Financial Services Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 2nd quarter. Essex Financial Services Inc. now owns 10,954 shares of the company’s stock valued at $608,000 after purchasing an additional 690 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $54.08 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18. The firm has a market capitalization of $15.35 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company’s fifty day moving average price is $53.87 and its 200-day moving average price is $53.64.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were paid a dividend of $0.4268 per share. The ex-dividend date was Thursday, August 1st. This represents a $5.12 annualized dividend and a yield of 9.47%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.