Etfidea LLC Lowers Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Etfidea LLC lessened its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,395 shares of the company’s stock after selling 192 shares during the quarter. Etfidea LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,285,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of JEPQ. Salomon & Ludwin LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $25,000. Beacon Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $26,000. SJS Investment Consulting Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $28,000. Hollencrest Capital Management bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $33,000. Finally, CENTRAL TRUST Co bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $56.25 on Wednesday. The company’s fifty day moving average is $54.88 and its 200 day moving average is $54.27. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $56.78. The stock has a market capitalization of $18.15 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.4936 dividend. This represents a $5.92 annualized dividend and a yield of 10.53%. The ex-dividend date of this dividend was Friday, November 1st.

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.