Sovereign Financial Group Inc. Decreases Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sovereign Financial Group Inc. cut its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.6% during the fourth quarter, HoldingsChannel reports. The firm owned 3,580 shares of the company’s stock after selling 472 shares during the quarter. Sovereign Financial Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $202,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $25,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $33,000. Pin Oak Investment Advisors Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after acquiring an additional 575 shares in the last quarter. CENTRAL TRUST Co purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $48,000. Finally, Sugarloaf Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $82,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 2.0 %

JEPQ stock opened at $56.85 on Thursday. The stock has a market cap of $21.40 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.21. The company’s 50 day moving average is $56.96 and its two-hundred day moving average is $55.05.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.