Teamwork Financial Advisors LLC Sells 39,442 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Teamwork Financial Advisors LLC cut its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 37.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,062 shares of the company’s stock after selling 39,442 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,574,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Beacon Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at approximately $26,000. SJS Investment Consulting Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $56,000. First Command Advisory Services Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $59,000. Finally, WR Wealth Planners LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1,691.5% during the second quarter. WR Wealth Planners LLC now owns 1,272 shares of the company’s stock valued at $71,000 after acquiring an additional 1,201 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1 %

Shares of JEPQ stock opened at $54.99 on Friday. The company’s fifty day simple moving average is $53.74 and its two-hundred day simple moving average is $53.80. 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 cap of $17.15 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 dividend on an annualized basis and a dividend yield of 12.02%.

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.