JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Position Reduced by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. decreased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,703 shares of the company’s stock after selling 850 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $518,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Hennion & Walsh Asset Management Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 25.7% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 51,975 shares of the company’s stock valued at $2,344,000 after acquiring an additional 10,629 shares during the period. Hexagon Capital Partners LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 900.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 1,000 shares of the company’s stock worth $48,000 after acquiring an additional 900 shares during the last quarter. Resources Investment Advisors LLC. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth $909,000. Purus Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 75.5% in the 2nd quarter. Purus Wealth Management LLC now owns 29,243 shares of the company’s stock worth $1,414,000 after acquiring an additional 12,583 shares during the last quarter. Finally, MGO One Seven LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $3,876,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $46.16 on Wednesday. The stock has a market cap of $6.03 billion, a PE ratio of 23.03 and a beta of -0.84. The business has a fifty day simple moving average of $47.41 and a 200-day simple moving average of $47.32. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $40.03 and a 12 month high of $49.48.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 5th. Investors of record on Tuesday, October 3rd were given a dividend of $0.4172 per share. The ex-dividend date was Monday, October 2nd.

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.