Hilton Capital Management LLC Sells 122,356 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hilton Capital Management LLC decreased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 926,687 shares of the company’s stock after selling 122,356 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 4.5% of Hilton Capital Management LLC’s holdings, making the stock its 3rd largest position. Hilton Capital Management LLC owned 0.24% of JPMorgan Nasdaq Equity Premium Income ETF worth $52,247,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in JEPQ. Ashton Thomas Private Wealth LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 83.3% during the third quarter. Ashton Thomas Private Wealth LLC now owns 6,477 shares of the company’s stock worth $356,000 after buying an additional 2,943 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 114.9% in the third quarter. Oppenheimer & Co. Inc. now owns 48,549 shares of the company’s stock valued at $2,667,000 after purchasing an additional 25,957 shares during the period. Main Street Financial Solutions LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the third quarter. Main Street Financial Solutions LLC now owns 8,908 shares of the company’s stock valued at $489,000 after purchasing an additional 761 shares during the period. Kapstone Financial Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.8% in the third quarter. Kapstone Financial Advisors LLC now owns 4,525 shares of the company’s stock valued at $248,000 after purchasing an additional 778 shares during the period. Finally, Lifeworks Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the third quarter. Lifeworks Advisors LLC now owns 7,985 shares of the company’s stock valued at $439,000 after purchasing an additional 1,700 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.7 %

NASDAQ:JEPQ opened at $51.45 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54. The company has a market capitalization of $20.26 billion, a P/E ratio of 33.40 and a beta of -0.84. The stock’s fifty day moving average is $56.50 and its two-hundred day moving average is $55.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.4824 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

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.