Newbridge Financial Services Group Inc. Decreases Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Newbridge Financial Services Group Inc. reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,644 shares of the company’s stock after selling 9,501 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises 1.0% of Newbridge Financial Services Group Inc.’s investment portfolio, making the stock its 24th biggest position. Newbridge Financial Services Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,939,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CENTRAL TRUST Co boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 24.6% during the second quarter. CENTRAL TRUST Co now owns 5,316 shares of the company’s stock worth $289,000 after purchasing an additional 1,050 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 10.6% in the second quarter. PNC Financial Services Group Inc. now owns 287,571 shares of the company’s stock valued at $15,644,000 after purchasing an additional 27,604 shares during the last quarter. Clearstead Trust LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $263,000. Hibernia Wealth Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 256.0% during the 2nd quarter. Hibernia Wealth Partners LLC now owns 58,253 shares of the company’s stock worth $3,169,000 after buying an additional 41,889 shares during the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 26,372 shares of the company’s stock worth $1,435,000 after buying an additional 6,256 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.56 on Friday. The firm has a market capitalization of $32.64 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $60.14. The firm’s 50-day simple moving average is $58.29 and its 200 day simple moving average is $57.88.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.509 per share. The ex-dividend date was Monday, March 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. This represents a c) dividend on an annualized basis and a yield of 10.8%.

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.