JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Position Cut by Prospera Financial Services Inc

Prospera Financial Services Inc lessened its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 194,550 shares of the company’s stock after selling 10,150 shares during the quarter. Prospera Financial Services Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $11,308,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JEPQ. Russell Investments Group Ltd. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Cerity Partners LLC grew 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 valued at $2,091,000 after buying an additional 20,946 shares in the last quarter. Diversify Advisory Services LLC grew 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 valued at $370,000 after buying an additional 2,045 shares in the last quarter. Diversify Wealth Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% in the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after buying an additional 2,566 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

Shares of JEPQ opened at $60.21 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.71 and a 52-week high of $60.32. The firm has a 50-day moving average price of $57.88 and a 200 day moving average price of $58.16. The firm has a market capitalization of $38.08 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.591 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 11.8%.

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.