Hennion & Walsh Asset Management Inc. Sells 1,619 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hennion & Walsh Asset Management Inc. reduced its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,065 shares of the company’s stock after selling 1,619 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,111,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in JEPQ. Aurora Private Wealth Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock worth $292,000 after buying an additional 189 shares during the period. Global Wealth Strategies & Associates boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after purchasing an additional 200 shares in the last quarter. Tranquility Partners LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.8% in the first quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock worth $254,000 after purchasing an additional 214 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock worth $972,000 after acquiring an additional 237 shares in the last quarter. Finally, Panoramic Investment Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the first quarter. Panoramic Investment Advisors LLC now owns 12,800 shares of the company’s stock worth $694,000 after acquiring an additional 250 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.5 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.26 on Monday, reaching $53.71. 1,884,247 shares of the stock were exchanged, compared to its average volume of 2,869,971. 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 $15.25 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The business has a 50 day moving average price of $54.13 and a two-hundred day moving average price of $53.53.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a $0.4268 dividend. The ex-dividend date was Thursday, August 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.12 dividend on an annualized basis and a dividend yield of 9.53%.

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.