Requisite Capital Management LLC Cuts Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Requisite Capital Management LLC decreased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,081,911 shares of the company’s stock after selling 22,426 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 12.6% of Requisite Capital Management LLC’s holdings, making the stock its 4th largest position. Requisite Capital Management LLC owned approximately 0.29% of JPMorgan Nasdaq Equity Premium Income ETF worth $61,492,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $25,000. Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Hollencrest Capital Management bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $33,000. Sugar Maple Asset Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $41,000. Finally, Pin Oak Investment Advisors Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after buying an additional 575 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.3 %

Shares of NASDAQ JEPQ opened at $58.07 on Friday. The stock’s fifty day simple moving average is $57.12 and its 200 day simple moving average is $55.14. The stock has a market capitalization of $22.27 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a $0.4558 dividend. 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.