MADDEN SECURITIES Corp Sells 132,089 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

MADDEN SECURITIES Corp lowered its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.0% in the third quarter, HoldingsChannel reports. The firm owned 245,467 shares of the company’s stock after selling 132,089 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 4.3% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its 5th biggest holding. MADDEN SECURITIES Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $14,119,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.2% during the first quarter. Focus Partners Wealth now owns 303,851 shares of the company’s stock worth $15,733,000 after buying an additional 37,896 shares during the last quarter. Jacobi Capital Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 22.5% in the 1st quarter. Jacobi Capital Management LLC now owns 9,211 shares of the company’s stock worth $477,000 after acquiring an additional 1,693 shares in the last quarter. Invst LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $267,000. Harbor Investment Advisory LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 14.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 13,678 shares of the company’s stock valued at $744,000 after purchasing an additional 1,697 shares in the last quarter. Finally, TrueWealth Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.0% in the second quarter. TrueWealth Advisors LLC now owns 40,790 shares of the company’s stock worth $2,219,000 after purchasing an additional 2,322 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.7%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.16 on Friday. The stock has a market capitalization of $33.26 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. 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 50-day simple moving average of $58.33 and a 200 day simple moving average of $56.80.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a $0.5761 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date was Wednesday, December 31st.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.