Maia Wealth LLC Decreases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Maia Wealth LLC cut its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,689 shares of the company’s stock after selling 1,208 shares during the quarter. Maia Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,353,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Comerica Bank boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after purchasing an additional 17,500 shares during the period. Cornerstone Wealth Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $225,000. Raymond James & Associates boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the second quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after purchasing an additional 303,680 shares during the period. Western Wealth Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after purchasing an additional 1,893 shares during the period. Finally, US Bancorp DE boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 64.9% during the 1st quarter. US Bancorp DE now owns 11,134 shares of the company’s stock valued at $604,000 after acquiring an additional 4,381 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2 %

NASDAQ JEPQ traded up $0.64 during trading hours on Wednesday, reaching $55.57. 1,454,333 shares of the company traded hands, compared to its average volume of 2,845,772. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $56.18. The stock has a market capitalization of $17.93 billion, a PE ratio of 32.10 and a beta of -0.84. The company has a 50 day moving average of $54.26 and a two-hundred day moving average of $54.00.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.4936 dividend. The ex-dividend date was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.66%.

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.