Pine Valley Investments Ltd Liability Co Sells 148,460 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Pine Valley Investments Ltd Liability Co lowered its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 63.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,849 shares of the company’s stock after selling 148,460 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,822,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Logan Capital Management Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at approximately $27,000. Sankala Group LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Navalign LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $33,000. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $33,000. Finally, Archer Investment Corp bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $58.25 on Monday. The stock has a market capitalization of $39.68 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. The company has a fifty day moving average of $59.74 and a 200 day moving average of $58.65. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.6366 per share. This represents a c) annualized dividend and a dividend yield of 13.1%. The ex-dividend date of this dividend was Wednesday, July 1st.

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