HighTower Advisors LLC Sells 63,752 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

HighTower Advisors LLC lessened its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 840,622 shares of the company’s stock after selling 63,752 shares during the quarter. HighTower Advisors LLC owned approximately 0.15% of JPMorgan Nasdaq Equity Premium Income ETF worth $48,857,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $27,000. Hantz Financial Services Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after buying an additional 351 shares during the period. Navalign LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $33,000. Russell Investments Group Ltd. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $33,000. Finally, Root Financial Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

Shares of JEPQ stock opened at $60.11 on Friday. The stock has a market capitalization of $38.02 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $51.71 and a twelve month high of $60.15. The stock has a fifty day simple moving average of $57.83 and a two-hundred day simple moving average of $58.15.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a dividend of $0.591 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date was Friday, May 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.