JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Position Decreased by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC trimmed its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 40.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 509,865 shares of the company’s stock after selling 339,484 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 5.1% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Lebenthal Global Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $29,327,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clarity Wealth Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.6% during the second quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock worth $2,117,000 after purchasing an additional 3,727 shares in the last quarter. Global Retirement Partners LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $2,069,000. Sheets Smith Wealth Management boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 77.2% during the 3rd quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock worth $6,846,000 after purchasing an additional 51,871 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 142.8% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,640 shares of the company’s stock worth $1,072,000 after buying an additional 10,963 shares in the last quarter. Finally, FAS Wealth Partners Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% in the third quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock valued at $3,871,000 after buying an additional 39,412 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.7%

NASDAQ:JEPQ opened at $59.43 on Friday. The company has a market cap of $33.99 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $60.14. The company’s 50-day moving average price is $58.75 and its 200-day moving average price is $57.34.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were paid a $0.5761 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 11.6%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.