NewEdge Advisors LLC Cuts Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

NewEdge Advisors LLC reduced its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 476,629 shares of the company’s stock after selling 34,731 shares during the quarter. NewEdge Advisors LLC owned 0.08% of JPMorgan Nasdaq Equity Premium Income ETF worth $26,462,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. D.A. Davidson & CO. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% during the 4th quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock valued at $6,532,000 after buying an additional 13,200 shares during the last quarter. Ethos Capital Management Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $1,105,000. Clear Creek Financial Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% in the 4th quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock worth $1,631,000 after acquiring an additional 9,340 shares during the last quarter. Sunpointe LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 18.4% in the 4th quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock worth $4,122,000 after acquiring an additional 10,901 shares during the last quarter. Finally, RWQ Financial Management Services Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,521.4% in the fourth quarter. RWQ Financial Management Services Inc. now owns 196,750 shares of the company’s stock valued at $11,435,000 after acquiring an additional 193,250 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.9%

Shares of NASDAQ:JEPQ opened at $56.14 on Thursday. The company has a market cap of $37.94 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. The company has a 50-day moving average price of $59.82 and a 200-day moving average price of $58.67. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.6366 per share. This represents a c) dividend on an annualized basis and a yield of 13.6%. The ex-dividend date was Wednesday, July 1st.

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.