Kapstone Financial Advisors LLC Sells 549 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kapstone Financial Advisors LLC trimmed its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,976 shares of the company’s stock after selling 549 shares during the period. Kapstone Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $228,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 61.9% in the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock valued at $722,000 after buying an additional 4,895 shares during the last quarter. Iron Horse Wealth Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock worth $53,000 after acquiring an additional 200 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 37.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock worth $630,000 after acquiring an additional 3,000 shares during the period. Franklin Resources Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 781.5% during the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock worth $20,844,000 after acquiring an additional 335,448 shares during the period. Finally, Claro Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $329,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $54.38 on Tuesday. The company’s fifty day moving average is $57.19 and its two-hundred day moving average is $55.91. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54. The firm has a market capitalization of $21.41 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be given a dividend of $0.4824 per share. The ex-dividend date is 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.