Sunbelt Securities Inc. Trims Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sunbelt Securities Inc. reduced its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 37.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 18,999 shares of the company’s stock after selling 11,317 shares during the period. Sunbelt Securities Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,104,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $27,000. Navalign LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $33,000. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000. Archer Investment Corp purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $34,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $61.34 on Friday. The stock has a market cap of $38.79 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. The business’s fifty day moving average is $59.60 and its 200 day moving average is $58.51. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $52.56 and a twelve month high of $61.51.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.5644 per share. The ex-dividend date was Monday, June 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.