Tradition Wealth Management LLC Sells 62,315 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Tradition Wealth Management LLC lessened its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 47.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,263 shares of the company’s stock after selling 62,315 shares during the quarter. Tradition Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,026,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JEPQ. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $33,000. Cerity Partners LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% in the second quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock valued at $2,091,000 after purchasing an additional 20,946 shares during the last quarter. Diversify Advisory Services LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% in the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after purchasing an additional 2,045 shares during the last quarter. Diversify Wealth Management LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% in the second quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after purchasing an additional 2,566 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 3.0%

NASDAQ:JEPQ opened at $58.90 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $52.49 and a 1 year high of $61.17. The stock has a market cap of $37.25 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. The stock has a 50-day moving average price of $58.66 and a two-hundred day moving average price of $58.32.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.5644 dividend. The ex-dividend date of this dividend was Monday, June 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.