Centaurus Financial Inc. Sells 139,263 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Centaurus Financial Inc. cut its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 249,289 shares of the company’s stock after selling 139,263 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 0.9% of Centaurus Financial Inc.’s portfolio, making the stock its 19th largest position. Centaurus Financial Inc. owned 0.08% of JPMorgan Nasdaq Equity Premium Income ETF worth $13,693,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $342,000. Econ Financial Services Corp bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $711,000. Jane Street Group LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% in the first quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock valued at $43,071,000 after buying an additional 783,584 shares during the period. Comerica Bank raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock worth $4,095,000 after acquiring an additional 17,500 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.8% in the first quarter. Jaffetilchin Investment Partners LLC now owns 17,007 shares of the company’s stock worth $922,000 after acquiring an additional 2,813 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $56.57 on Friday. 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 company has a 50 day simple moving average of $55.13 and a two-hundred day simple moving average of $54.34. The company has a market capitalization of $18.25 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.4936 per share. This represents a $5.92 annualized dividend and a dividend yield of 10.47%. 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.