Socha Financial Group LLC Sells 338,651 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Socha Financial Group LLC cut its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 79.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 86,673 shares of the company’s stock after selling 338,651 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 2.3% of Socha Financial Group LLC’s holdings, making the stock its 6th biggest position. 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.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $25,000. Crewe Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares during the period. Pinnacle Bancorp Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $31,000. Hollencrest Capital Management acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $33,000. Finally, Sugar Maple Asset Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $41,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.4 %

Shares of NASDAQ JEPQ opened at $57.59 on Friday. The firm has a 50-day moving average price of $57.24 and a 200 day moving average price of $55.25. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.31. The stock 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 Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.4502 per share. The ex-dividend date was Monday, February 3rd.

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.