Sequent Planning LLC Has $226,000 Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sequent Planning LLC trimmed its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 85.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,894 shares of the company’s stock after selling 23,608 shares during the period. Sequent Planning LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $226,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock worth $678,061,000 after buying an additional 651,461 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock valued at $255,416,000 after purchasing an additional 748,170 shares during the period. Raymond James Financial Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 3rd quarter. Raymond James Financial Inc. now owns 3,930,950 shares of the company’s stock valued at $226,108,000 after purchasing an additional 17,428 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,574,422 shares of the company’s stock valued at $205,601,000 after purchasing an additional 68,347 shares during the period. Finally, UBS Group AG raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the 4th quarter. UBS Group AG now owns 3,423,625 shares of the company’s stock valued at $198,981,000 after purchasing an additional 29,163 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $59.71 on Tuesday. The firm’s 50-day moving average is $57.68 and its 200-day moving average is $58.13. The stock has a market cap of $37.76 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.71 and a 52-week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a $0.591 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date of this dividend was Friday, May 1st.

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.