GWN Securities Inc. Trims Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

GWN Securities Inc. decreased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 96.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,307 shares of the company’s stock after selling 206,618 shares during the quarter. GWN Securities Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $452,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. AllSquare Wealth Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.6% during the first quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock worth $26,000 after acquiring an additional 240 shares during the period. Valley National Advisers Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the first quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock worth $30,000 after purchasing an additional 306 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $35,000. SVB Wealth LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth $36,000. Finally, Bear Mountain Capital Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 31.4% during the 1st quarter. Bear Mountain Capital Inc. now owns 1,046 shares of the company’s stock valued at $54,000 after purchasing an additional 250 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

Shares of JEPQ stock opened at $59.10 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.14. The stock has a fifty day simple moving average of $56.84 and a two-hundred day simple moving average of $54.36. The stock has a market capitalization of $31.75 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.4461 dividend. This represents a c) dividend on an annualized basis and a yield of 9.1%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Wednesday, October 1st.

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.