Sequent Planning LLC Sells 23,608 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sequent Planning LLC reduced its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 85.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,894 shares of the company’s stock after selling 23,608 shares during the quarter. Sequent Planning LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $226,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $27,000. Hantz Financial Services Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after acquiring an additional 351 shares in the last quarter. Navalign LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $33,000. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $33,000. Finally, Root Financial Partners LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.71 on Tuesday. The firm has a 50-day moving average of $57.68 and a 200-day moving average of $58.13. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $51.71 and a one year high of $60.14. The company has a market cap of $37.76 billion, a price-to-earnings 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 paid a dividend of $0.591 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date was Friday, May 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.