Truist Financial Corp Sells 9,307 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Truist Financial Corp reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 578,402 shares of the company’s stock after selling 9,307 shares during the quarter. Truist Financial Corp owned about 0.10% of JPMorgan Nasdaq Equity Premium Income ETF worth $33,617,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Sun Financial Inc bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $203,000. Avidian Wealth Enterprises LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 49,457 shares of the company’s stock valued at $2,874,000 after buying an additional 5,588 shares during the period. Mcdonald Partners LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 21.9% in the 4th quarter. Mcdonald Partners LLC now owns 33,959 shares of the company’s stock valued at $1,974,000 after buying an additional 6,109 shares during the period. CENTRAL TRUST Co increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 21.6% in the 4th quarter. CENTRAL TRUST Co now owns 6,463 shares of the company’s stock valued at $376,000 after buying an additional 1,147 shares during the period. Finally, RWQ Financial Management Services Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 5,521.4% in the 4th quarter. RWQ Financial Management Services Inc. now owns 196,750 shares of the company’s stock valued at $11,435,000 after buying an additional 193,250 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4%

JEPQ opened at $59.06 on Wednesday. The company’s 50 day moving average is $57.35 and its 200-day moving average is $58.03. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $51.07 and a 1-year high of $60.14. The company has a market cap of $37.35 billion, a P/E ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a $0.591 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date was Friday, 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.