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

Hibernia Wealth Partners LLC cut its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,020 shares of the company’s stock after selling 17,233 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 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 quarter.

Other large investors also recently bought and sold shares of the company. Atria Investments Inc grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.7% in the 2nd quarter. Atria Investments Inc now owns 13,083 shares of the company’s stock worth $712,000 after buying an additional 3,581 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the 2nd quarter. Moors & Cabot Inc. now owns 19,862 shares of the company’s stock valued at $1,080,000 after acquiring an additional 1,824 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $851,000. Texas Yale Capital Corp. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $207,000. Finally, Prospera Financial Services Inc increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.4% during the second quarter. Prospera Financial Services Inc now owns 202,930 shares of the company’s stock worth $11,043,000 after acquiring an additional 14,069 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $56.85 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $60.14. The stock’s 50 day simple moving average is $58.42 and its two-hundred day simple moving average is $57.82. The company has a market cap of $32.81 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.