Advance Capital Management Inc. Sells 172,940 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Advance Capital Management Inc. cut its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 93.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,746 shares of the company’s stock after selling 172,940 shares during the quarter. Advance Capital Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $719,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Foundations Investment Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 123.0% during the 2nd quarter. Foundations Investment Advisors LLC now owns 9,146 shares of the company’s stock valued at $508,000 after acquiring an additional 5,044 shares during the period. Strategic Financial Concepts LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% during the second quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock worth $518,000 after buying an additional 922,558 shares in the last quarter. Ellis Investment Partners LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the 2nd quarter. Ellis Investment Partners LLC now owns 225,806 shares of the company’s stock valued at $12,532,000 after buying an additional 19,231 shares during the period. Cahill Financial Advisors Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 143.7% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 21,501 shares of the company’s stock worth $1,193,000 after acquiring an additional 12,679 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $196,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9 %

NASDAQ JEPQ traded up $0.53 on Monday, hitting $57.61. 5,430,108 shares of the company’s stock were exchanged, compared to its average volume of 5,027,197. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.21. The stock has a 50-day moving average of $56.73 and a 200-day moving average of $54.98. The stock has a market cap of $21.20 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were issued a $0.4558 dividend. The ex-dividend date was Tuesday, December 31st.

JPMorgan Nasdaq Equity Premium Income ETF 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.