JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Position Lowered by Socha Financial Group LLC

Socha Financial Group LLC cut its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 79.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 86,673 shares of the company’s stock after selling 338,651 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 2.3% of Socha Financial Group LLC’s holdings, making the stock its 6th largest holding. Socha Financial Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,887,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in 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 buying an additional 3,029,552 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after acquiring an additional 1,028,135 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after acquiring an additional 991,227 shares during the last quarter. LPL Financial LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after acquiring an additional 837,415 shares in the last quarter. Finally, Marks Wealth LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% in the 4th quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock worth $29,316,000 after purchasing an additional 491,445 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.59 on Friday. The company has a 50 day moving average price of $57.24 and a 200 day moving average price of $55.25. The firm has a market capitalization of $22.67 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 firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.4502 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.