Private Advisor Group LLC Sells 41,035 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Private Advisor Group LLC lowered its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 969,583 shares of the company’s stock after selling 41,035 shares during the period. Private Advisor Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $53,831,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Howard Wealth Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock worth $214,000 after purchasing an additional 173 shares during the last quarter. Montz Harcus Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock worth $243,000 after purchasing an additional 176 shares during the last quarter. CPC Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the 4th quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock worth $1,639,000 after buying an additional 178 shares during the period. Fortis Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.6% during the 4th quarter. Fortis Advisors LLC now owns 7,326 shares of the company’s stock worth $426,000 after buying an additional 183 shares during the period. Finally, Planning Directions Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 4th quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock valued at $2,643,000 after buying an additional 184 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.3%

Shares of JEPQ stock opened at $59.39 on Friday. The stock has a market cap of $39.24 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. The stock has a 50-day moving average of $59.96 and a 200-day moving average of $58.61. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be issued a $0.6366 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 12.9%.

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.