JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC lowered its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 92.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,412 shares of the company’s stock after selling 63,371 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $311,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. VSM Wealth Advisory LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.2% in the third quarter. VSM Wealth Advisory LLC now owns 2,415 shares of the company’s stock worth $139,000 after purchasing an additional 372 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% during the third quarter. Parallel Advisors LLC now owns 18,783 shares of the company’s stock valued at $1,080,000 after purchasing an additional 193 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 193.9% during the third quarter. Natixis Advisors LLC now owns 47,213 shares of the company’s stock valued at $2,716,000 after purchasing an additional 31,149 shares in the last quarter. HUB Investment Partners LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 19.4% in the third quarter. HUB Investment Partners LLC now owns 294,663 shares of the company’s stock worth $16,949,000 after purchasing an additional 47,891 shares during the period. Finally, Sequent Planning LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $1,582,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.85 on Monday. The stock has a market cap of $32.81 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The company’s 50-day moving average price is $58.42 and its two-hundred day moving average price is $57.85. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.