JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Position Lessened by SteelPeak Wealth LLC

SteelPeak Wealth LLC lowered its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 49.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,202 shares of the company’s stock after selling 12,140 shares during the quarter. SteelPeak Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $716,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JEPQ. Twin Peaks Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $26,000. Logan Capital Management Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $27,000. Hantz Financial Services Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after acquiring an additional 351 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $33,000. Finally, Root Financial Partners LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.59 on Monday. The company has a market capitalization of $34.33 billion, a P/E ratio of 32.17 and a beta of 0.83. The firm’s fifty day simple moving average is $57.40 and its 200-day simple moving average is $57.89. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.5586 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. This represents a c) annualized dividend and a yield of 12.1%.

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.