Hibernia Wealth Partners LLC Reduces Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Hibernia Wealth Partners LLC decreased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,020 shares of the company’s stock after selling 17,233 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 1.5% of Hibernia Wealth Partners LLC’s investment portfolio, making the stock its 13th largest position. Hibernia Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,359,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 31.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock valued at $1,586,475,000 after purchasing an additional 7,027,261 shares during the last quarter. Bank of America Corp DE lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $58,197,000. Ameriprise Financial Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after buying an additional 496,258 shares during the period. Finally, Quadrature Capital Ltd boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4,392.6% during the second quarter. Quadrature Capital Ltd now owns 452,088 shares of the company’s stock valued at $24,591,000 after buying an additional 442,025 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $56.85 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14. The company has a market cap of $32.81 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The business’s 50 day moving average price is $58.42 and its 200-day moving average price is $57.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.509 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 10.7%.

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.