Sunbelt Securities Inc. Sells 11,317 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sunbelt Securities Inc. decreased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 37.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,999 shares of the company’s stock after selling 11,317 shares during the quarter. 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 hedge funds and other institutional investors have also recently modified their holdings of the company. Logan Capital Management Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $27,000. Navalign LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $33,000. Archer Investment Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $34,000. IFC & Insurance Marketing Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $35,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $61.34 on Friday. The stock has a market capitalization of $38.79 billion, a PE ratio of 32.17 and a beta of 0.82. The stock’s 50 day moving average price is $59.60 and its 200-day moving average price is $58.51. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $52.56 and a 52-week high of $61.51.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.5644 dividend. The ex-dividend date was Monday, June 1st.

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.