Bank of New York Mellon Corp Sells 816 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bank of New York Mellon Corp reduced its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,228 shares of the company’s stock after selling 816 shares during the quarter. Bank of New York Mellon Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $623,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Beacon Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $26,000. SJS Investment Consulting Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $28,000. Global Wealth Strategies & Associates grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares during the period. TD Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

NASDAQ:JEPQ opened at $54.57 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $56.18. The stock has a market capitalization of $15.49 billion, a PE ratio of 32.10 and a beta of -0.84. The stock’s 50-day moving average price is $53.10 and its 200-day moving average price is $53.69.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.5569 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $6.68 dividend on an annualized basis and a yield of 12.25%.

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.