Bridgewealth Advisory Group LLC Sells 19,411 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Bridgewealth Advisory Group LLC reduced its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 50.9% during the 4th quarter, HoldingsChannel reports. The firm owned 18,693 shares of the company’s stock after selling 19,411 shares during the period. Bridgewealth Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,086,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPQ. Bank of America Corp DE raised its position 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 valued at $605,843,000 after purchasing an additional 1,533,280 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $58,197,000. Ameriprise Financial Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during 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 in the last quarter. Jones Financial Companies Lllp raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,302,995 shares of the company’s stock valued at $74,596,000 after purchasing an additional 398,695 shares in the last quarter. Finally, SageGuard Financial Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $21,290,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1%

Shares of NASDAQ JEPQ opened at $59.66 on Wednesday. The business has a fifty day simple moving average of $57.49 and a two-hundred day simple moving average of $58.10. The firm has a market cap of $37.73 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $51.71 and a twelve month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

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

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.