Teamwork Financial Advisors LLC Sells 29,128 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Teamwork Financial Advisors LLC trimmed its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 53.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,358 shares of the company’s stock after selling 29,128 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,474,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of JEPQ. Twin Peaks Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $26,000. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $27,000. Hantz Financial Services Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock worth $32,000 after purchasing an additional 351 shares during the period. Root Financial Partners LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $34,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $55.76 on Monday. The firm has a market capitalization of $32.18 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $60.14. The stock has a fifty day moving average of $58.09 and a 200 day moving average of $57.96.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.509 dividend. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.