Wealth Enhancement Advisory Services LLC Sells 233,632 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Wealth Enhancement Advisory Services LLC lowered its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.0% during the 4th quarter, HoldingsChannel reports. The fund owned 601,260 shares of the company’s stock after selling 233,632 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $35,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in JEPQ. Bank of America Corp DE lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $58,197,000. Ameriprise Financial Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after buying an additional 748,170 shares in the last quarter. Quadrature Capital Ltd boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4,392.6% in the second quarter. Quadrature Capital Ltd now owns 452,088 shares of the company’s stock valued at $24,591,000 after acquiring an additional 442,025 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 44.1% during the third quarter. Jones Financial Companies Lllp now owns 1,302,995 shares of the company’s stock valued at $74,596,000 after acquiring an additional 398,695 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.0%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.34 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $60.14. The firm has a market capitalization of $32.51 billion, a PE ratio of 32.17 and a beta of 0.83. The firm’s 50 day simple moving average is $58.04 and its 200 day simple moving average is $57.96.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.509 dividend. The ex-dividend date of this dividend 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) annualized dividend and a dividend 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.