Meridian Financial Partners LLC Sells 13,678 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Meridian Financial Partners LLC cut its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 34.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,572 shares of the company’s stock after selling 13,678 shares during the quarter. Meridian Financial Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after acquiring an additional 17,500 shares during the last quarter. Concourse Financial Group Securities Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after buying an additional 285 shares in the last quarter. Raymond James & Associates boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the second quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after buying an additional 303,680 shares in the last quarter. Western Wealth Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after acquiring an additional 1,893 shares during the last quarter. Finally, SteelPeak Wealth LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth approximately $382,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.5 %

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.27 on Friday. The firm has a fifty day simple moving average of $53.82 and a two-hundred day simple moving average of $53.81. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month high of $56.18. The company has a market capitalization of $17.24 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 11.96%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.