JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Position Lessened by Meridian Financial Partners LLC

Meridian Financial Partners LLC reduced its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 62.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,726 shares of the company’s stock after selling 15,846 shares during the quarter. Meridian Financial Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $548,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $25,000. Hollencrest Capital Management acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after purchasing an additional 575 shares in the last quarter. CENTRAL TRUST Co bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $48,000. Finally, Sugarloaf Wealth Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $82,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $55.76 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.21. The firm has a market cap of $20.81 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock has a fifty day moving average price of $56.94 and a two-hundred day moving average price of $55.04.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.