Westwood Holdings Group Inc. Sells 11,042 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Westwood Holdings Group Inc. decreased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 326,240 shares of the company’s stock after selling 11,042 shares during the quarter. Westwood Holdings Group Inc. owned approximately 0.11% of JPMorgan Nasdaq Equity Premium Income ETF worth $18,106,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Beacon Capital Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $26,000. SJS Investment Consulting Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $28,000. TD Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $40,000. Global Wealth Strategies & Associates grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.0 %

NASDAQ:JEPQ opened at $54.41 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18. The stock has a 50-day moving average price of $53.13 and a 200 day moving average price of $53.68. The stock has a market capitalization of $15.45 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.5569 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $6.68 annualized dividend and a dividend yield of 12.28%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.