Sigma Planning Corp Sells 8,866 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sigma Planning Corp lessened its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 39.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,656 shares of the company’s stock after selling 8,866 shares during the period. Sigma Planning Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $682,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Allworth Financial LP raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.5% during the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock valued at $59,000 after buying an additional 439 shares in the last quarter. Stratos Wealth Advisors LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $348,000. IFP Advisors Inc raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 29.2% during the 4th quarter. IFP Advisors Inc now owns 36,463 shares of the company’s stock valued at $1,821,000 after buying an additional 8,237 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 97.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,085 shares of the company’s stock valued at $51,000 after buying an additional 535 shares in the last quarter. Finally, Pinnacle Associates Ltd. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 54.4% during the 4th quarter. Pinnacle Associates Ltd. now owns 21,317 shares of the company’s stock valued at $1,064,000 after buying an additional 7,507 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

Shares of NASDAQ JEPQ opened at $52.23 on Thursday. The firm’s 50-day moving average price is $53.15 and its 200-day moving average price is $50.71. The stock has a market capitalization of $11.99 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.12 and a 12-month high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.4273 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a yield of 9.82%. The ex-dividend date of this dividend was Monday, 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.