HBW Advisory Services LLC Sells 1,044 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

HBW Advisory Services LLC trimmed its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 17,826 shares of the company’s stock after selling 1,044 shares during the quarter. HBW Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $979,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Aurora Private Wealth Inc. increased its holdings in shares of 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 purchasing an additional 189 shares in the last quarter. Global Wealth Strategies & Associates lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares during the period. Tranquility Partners LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the 1st quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock valued at $254,000 after acquiring an additional 214 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the second quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after acquiring an additional 224 shares during the period. Finally, Atlantic Union Bankshares Corp raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% during the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after purchasing an additional 237 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.8 %

JEPQ stock traded up $0.43 on Friday, hitting $54.37. The company had a trading volume of 2,202,362 shares, compared to its average volume of 2,835,747. The stock has a market cap of $16.79 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The stock’s 50-day simple moving average is $53.15 and its 200 day simple moving average is $53.76. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were issued a $0.551 dividend. This represents a $6.61 annualized dividend and a dividend yield of 12.16%. The ex-dividend date of this dividend was Tuesday, October 1st.

JPMorgan Nasdaq Equity Premium Income ETF 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.