JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Sold by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC lessened its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 78.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,985 shares of the company’s stock after selling 40,050 shares during the period. Insigneo Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $619,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of JEPQ. Main Street Financial Solutions LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.5% in the 4th quarter. Main Street Financial Solutions LLC now owns 9,756 shares of the company’s stock valued at $550,000 after acquiring an additional 848 shares during the period. Kane Investment Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $1,998,000. M Holdings Securities Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.4% in the fourth quarter. M Holdings Securities Inc. now owns 23,118 shares of the company’s stock valued at $1,303,000 after purchasing an additional 3,924 shares during the period. CreativeOne Wealth LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 35.7% during the fourth quarter. CreativeOne Wealth LLC now owns 22,673 shares of the company’s stock worth $1,278,000 after purchasing an additional 5,968 shares in the last quarter. Finally, Mariner LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.7% in the fourth quarter. Mariner LLC now owns 405,624 shares of the company’s stock worth $22,869,000 after buying an additional 88,034 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $48.74 on Friday. The business’s 50-day simple moving average is $53.01 and its 200 day simple moving average is $55.27. The company has a market cap of $22.15 billion, a P/E ratio of 30.12 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.5407 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. This represents a $6.49 dividend on an annualized basis and a dividend yield of 13.31%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.