JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC lowered its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 116,015 shares of the company’s stock after selling 2,971 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,373,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JEPQ. LPL Financial LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock worth $400,539,000 after buying an additional 1,017,261 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after purchasing an additional 174,473 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after purchasing an additional 493,420 shares during the last quarter. RiverFront Investment Group LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after purchasing an additional 105,765 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 19.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after purchasing an additional 292,808 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ traded down $0.32 on Wednesday, hitting $55.11. 1,890,188 shares of the company were exchanged, compared to its average volume of 2,816,045. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month high of $56.18. The firm has a market capitalization of $17.29 billion, a P/E ratio of 32.10 and a beta of -0.84. The company’s 50 day moving average price is $53.96 and its 200-day moving average price is $53.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 annualized dividend and a dividend yield of 12.00%.

About JPMorgan Nasdaq Equity Premium Income ETF

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.