Hilltop Wealth Advisors LLC Sells 5,740 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hilltop Wealth Advisors LLC lowered its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQFree Report) by 2.8% in the first quarter, Holdings Channel reports. The fund owned 201,498 shares of the company’s stock after selling 5,740 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 5.6% of Hilltop Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Hilltop Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $10,929,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Wealth Strategies & Associates acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $27,000. Valley National Advisers Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $31,000. Hazlett Burt & Watson Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. Iron Horse Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after acquiring an additional 240 shares during the last quarter. Finally, TD Capital Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $40,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ traded up $0.05 during trading on Wednesday, reaching $55.33. The company’s stock had a trading volume of 2,431,759 shares, compared to its average volume of 2,698,119. The firm has a 50 day moving average of $53.55 and a 200-day moving average of $52.39. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $55.35. The firm has a market cap of $13.07 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were paid a $0.4497 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $5.40 annualized dividend and a yield of 9.75%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding JEPQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQFree Report).

Institutional Ownership by Quarter for JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

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