JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Holdings Trimmed by AdvisorNet Financial Inc

AdvisorNet Financial Inc decreased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 156,525 shares of the company’s stock after selling 18,191 shares during the quarter. AdvisorNet Financial Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,097,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of JEPQ. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $33,000. Hsbc Holdings PLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $4,939,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $26,000. CW Advisors LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 9.2% during the second quarter. CW Advisors LLC now owns 34,441 shares of the company’s stock valued at $1,874,000 after purchasing an additional 2,902 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.1% during the second quarter. Baird Financial Group Inc. now owns 639,032 shares of the company’s stock valued at $34,763,000 after purchasing an additional 78,863 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.59 on Friday. The firm has a market cap of $34.33 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $60.14. The firm’s 50 day moving average price is $57.40 and its two-hundred day moving average price is $57.88.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.