JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Trimmed by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC reduced its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 32,399 shares of the company’s stock after selling 388 shares during the period. Bouvel Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,780,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. LPL Financial LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after purchasing an additional 1,017,261 shares during the last quarter. International Assets Investment Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after purchasing an additional 3,029,552 shares during the period. Envestnet Asset Management Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after buying an additional 174,473 shares during the period. Osaic Holdings Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% in the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after buying an additional 493,420 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the second quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after acquiring an additional 105,765 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.0 %

Shares of NASDAQ JEPQ opened at $56.65 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $56.78. The stock has a 50 day simple moving average of $54.54 and a 200-day simple moving average of $54.15. The company has a market cap of $18.28 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.4936 per share. This represents a $5.92 annualized dividend and a yield of 10.46%. The ex-dividend date of this dividend was Friday, November 1st.

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.