JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC reduced its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,104 shares of the company’s stock after selling 6,005 shares during the period. Transcend Capital Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,073,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 17.9% in the first quarter. GAMMA Investing LLC now owns 15,091 shares of the company’s stock worth $781,000 after purchasing an additional 2,291 shares during the period. Bessemer Group Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 15.6% in the first quarter. Bessemer Group Inc. now owns 1,845 shares of the company’s stock valued at $96,000 after acquiring an additional 249 shares during the period. Sequoia Financial Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 100.7% in the first quarter. Sequoia Financial Advisors LLC now owns 13,355 shares of the company’s stock valued at $692,000 after acquiring an additional 6,701 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 9.1% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,000 shares of the company’s stock valued at $622,000 after acquiring an additional 1,000 shares during the period. Finally, Joel Isaacson & Co. LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at $608,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.7%

Shares of NASDAQ JEPQ opened at $58.96 on Tuesday. The stock has a 50 day simple moving average of $56.77 and a 200-day simple moving average of $54.29. The company has a market cap of $31.67 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.04.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a $0.4461 dividend. This represents a c) dividend on an annualized basis and a yield of 9.1%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date was Wednesday, October 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.