Flagship Harbor Advisors LLC Has $220,000 Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Flagship Harbor Advisors LLC trimmed its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 94.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,821 shares of the company’s stock after selling 68,875 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $220,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in JEPQ. Blue Trust Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 41.8% during the 2nd quarter. Blue Trust Inc. now owns 1,400 shares of the company’s stock worth $76,000 after buying an additional 413 shares during the period. Concurrent Investment Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 73.5% during the second quarter. Concurrent Investment Advisors LLC now owns 73,713 shares of the company’s stock valued at $4,010,000 after acquiring an additional 31,238 shares during the last quarter. Sovereign Financial Group Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $216,000. Yarger Wealth Strategies LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.6% in the second quarter. Yarger Wealth Strategies LLC now owns 9,514 shares of the company’s stock worth $518,000 after purchasing an additional 1,557 shares during the last quarter. Finally, Ellis Investment Partners LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the second quarter. Ellis Investment Partners LLC now owns 269,227 shares of the company’s stock valued at $14,646,000 after purchasing an additional 5,344 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.7%

Shares of NASDAQ:JEPQ opened at $58.48 on Tuesday. The business has a fifty day simple moving average of $58.74 and a 200 day simple moving average of $57.50. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $60.14. The firm has a market cap of $33.75 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.4657 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 9.6%.

JPMorgan Nasdaq Equity Premium Income ETF 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.