Florida Financial Advisors LLC Reduces Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Florida Financial Advisors LLC lessened its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.7% in the fourth quarter, Holdings Channel reports. The fund owned 26,084 shares of the company’s stock after selling 1,283 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.7% of Florida Financial Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Florida Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,471,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Mainstream Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $28,000. Crewe Advisors LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after buying an additional 309 shares during the period. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Kestra Investment Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $33,000. Finally, Venturi Wealth Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after acquiring an additional 177 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $53.76 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.54. The business has a fifty day moving average price of $55.95 and a 200-day moving average price of $55.84. The firm has a market capitalization of $21.17 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.4824 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

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.