JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Childress Capital Advisors LLC

Childress Capital Advisors LLC cut its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 142,833 shares of the company’s stock after selling 11,147 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.3% of Childress Capital Advisors LLC’s portfolio, making the stock its 16th biggest position. Childress Capital Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,301,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Wealth Effects LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 39.0% during the fourth quarter. Wealth Effects LLC now owns 33,593 shares of the company’s stock worth $1,952,000 after purchasing an additional 9,429 shares in the last quarter. Roman Butler Fullerton & Co. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $450,000. Financial Guidance Group Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 181.6% during the fourth quarter. Financial Guidance Group Inc. now owns 27,671 shares of the company’s stock worth $1,608,000 after purchasing an additional 17,846 shares in the last quarter. PFG Investments LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the fourth quarter. PFG Investments LLC now owns 74,492 shares of the company’s stock worth $4,329,000 after purchasing an additional 4,679 shares in the last quarter. Finally, Valmark Advisers Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.4% during the fourth quarter. Valmark Advisers Inc. now owns 39,510 shares of the company’s stock worth $2,296,000 after purchasing an additional 3,722 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $58.48 on Thursday. The stock’s fifty day moving average price is $57.09 and its 200 day moving average price is $57.90. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.14 and a 1 year high of $60.14. The company has a market cap of $36.33 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a $0.5586 dividend. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51.

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.