Integrated Advisors Network LLC Has $637,000 Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Integrated Advisors Network LLC trimmed its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,599 shares of the company’s stock after selling 1,100 shares during the period. Integrated Advisors Network LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $637,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Comerica Bank raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the 1st quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after acquiring an additional 17,500 shares during the period. Concourse Financial Group Securities Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after acquiring an additional 285 shares during the period. Cornerstone Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $225,000. Raymond James & Associates raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after acquiring an additional 303,680 shares during the period. Finally, Western Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after acquiring an additional 1,893 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $54.58 on Friday. The company has a market capitalization of $17.53 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The firm’s 50 day simple moving average is $54.21 and its 200 day simple moving average is $53.92. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $45.62 and a fifty-two week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.551 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.11%.

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.