JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by RiverFront Investment Group LLC

RiverFront Investment Group LLC lowered its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 25.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,961,662 shares of the company’s stock after selling 669,052 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up about 1.9% of RiverFront Investment Group LLC’s holdings, making the stock its 22nd biggest position. RiverFront Investment Group LLC owned 0.34% of JPMorgan Nasdaq Equity Premium Income ETF worth $114,012,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Logan Capital Management Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $27,000. Hantz Financial Services Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after acquiring an additional 351 shares during the period. Navalign LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $33,000. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $33,000. Finally, Root Financial Partners LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.77 on Monday. The firm’s fifty day simple moving average is $57.64 and its 200-day simple moving average is $58.13. The stock has a market capitalization of $37.80 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $51.71 and a 12 month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm 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 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.