JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Lessened by Novare Capital Management LLC

Novare Capital Management LLC decreased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 20,190 shares of the company’s stock after selling 175 shares during the period. Novare Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,138,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after purchasing an additional 3,029,552 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after buying an additional 1,028,135 shares during the last quarter. LPL Financial LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after acquiring an additional 837,415 shares in the last quarter. Cetera Investment Advisers lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 47.5% in the second quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock valued at $86,074,000 after acquiring an additional 499,083 shares during the last quarter. Finally, Marks Wealth LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% in the fourth quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock worth $29,316,000 after acquiring an additional 491,445 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.3 %

Shares of JEPQ opened at $58.07 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.31. The company’s fifty day moving average is $57.12 and its 200-day moving average is $55.14. The firm has a market cap of $22.27 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. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.