Raymond James & Associates Reduces Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NYSEARCA:JEPQ)

Raymond James & Associates cut its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NYSEARCA:JEPQ – Get Rating) by 10.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 297,582 shares of the company’s stock after selling 35,071 shares during the period. Raymond James & Associates owned 1.02% of JPMorgan Nasdaq Equity Premium Income ETF worth $12,141,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JEPQ. Kestra Advisory Services LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $213,000. Avantax Advisory Services Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $346,000. Rockefeller Capital Management L.P. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $520,000. Vestmark Advisory Solutions Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $389,000. Finally, Childress Capital Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $2,237,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NYSEARCA:JEPQ opened at $46.14 on Wednesday. The firm’s fifty day moving average price is $44.52 and its 200 day moving average price is $43.27. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $39.61 and a 1-year high of $49.97. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of 23.03 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Profile

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The JPMorgan 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.