Benjamin Edwards Inc. Sells 1,644 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Benjamin Edwards Inc. lowered its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 34,464 shares of the company’s stock after selling 1,644 shares during the quarter. Benjamin Edwards Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,721,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Legacy Financial Group LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $27,000. Global Wealth Strategies & Associates bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $27,000. Valley National Advisers Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $31,000. Hazlett Burt & Watson Inc. increased 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 worth $31,000 after acquiring an additional 200 shares during the period. Finally, Iron Horse Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after acquiring an additional 240 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.8 %

Shares of JEPQ traded up $0.41 during trading hours on Thursday, hitting $51.73. 1,414,285 shares of the company were exchanged, compared to its average volume of 2,746,999. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.62 and a fifty-two week high of $54.47. The company has a market cap of $12.22 billion, a price-to-earnings ratio of 32.10 and a beta of 0.84. The firm’s fifty day moving average is $53.14 and its 200 day moving average is $50.87.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.4311 per share. This represents a $5.17 dividend on an annualized basis and a yield of 10.00%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend is Wednesday, May 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.