Econ Financial Services Corp Decreases Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Econ Financial Services Corp cut its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,490 shares of the company’s stock after selling 1,274 shares during the period. Econ Financial Services Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of JEPQ. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after buying an additional 1,028,135 shares in the last quarter. LPL Financial LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in 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 during the period. International Assets Investment Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after acquiring an additional 3,029,552 shares during the period. Requisite Capital Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 42.2% during the third quarter. Requisite Capital Management LLC now owns 1,104,337 shares of the company’s stock valued at $60,661,000 after acquiring an additional 327,611 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 18.1% during the 3rd quarter. Private Advisor Group LLC now owns 1,065,386 shares of the company’s stock worth $58,964,000 after acquiring an additional 163,564 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $57.13 on Wednesday. The firm has a fifty day moving average price of $57.23 and a two-hundred day moving average price of $55.21. The company has a market cap of $22.42 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be paid a dividend of $0.4502 per share. The ex-dividend date is Monday, February 3rd.

JPMorgan Nasdaq Equity Premium Income ETF 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.