Eldridge Investment Advisors Inc. Has $11.15 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Eldridge Investment Advisors Inc. trimmed its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 191,863 shares of the company’s stock after selling 12,325 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 2.5% of Eldridge Investment Advisors Inc.’s portfolio, making the stock its 12th biggest holding. Eldridge Investment Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $11,151,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Cerity Partners LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 371.4% during the 4th quarter. Cerity Partners LLC now owns 276,324 shares of the company’s stock worth $16,060,000 after purchasing an additional 217,708 shares during the last quarter. LPL Financial LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after purchasing an additional 589,696 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $87,000. DB&C Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $966,000. Finally, Lowe Brockenbrough & Co. Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 53.2% during the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 6,013 shares of the company’s stock worth $349,000 after purchasing an additional 2,087 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2%

NASDAQ:JEPQ opened at $59.63 on Tuesday. The stock has a market cap of $37.71 billion, a P/E ratio of 32.17 and a beta of 0.82. The stock has a 50 day simple moving average of $58.75 and a 200 day simple moving average of $58.35. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $52.49 and a 1-year high of $61.17.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.