Moors & Cabot Inc. Sells 1,576 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Moors & Cabot Inc. cut its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 18.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,154 shares of the company’s stock after selling 1,576 shares during the period. Moors & Cabot Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $393,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Hilton Capital Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 14.0% during the third quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock worth $57,624,000 after buying an additional 128,831 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 140.1% during the 3rd quarter. Avior Wealth Management LLC now owns 29,377 shares of the company’s stock worth $1,614,000 after purchasing an additional 17,140 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 143.3% in the third quarter. PNC Financial Services Group Inc. now owns 129,122 shares of the company’s stock valued at $7,093,000 after purchasing an additional 76,049 shares in the last quarter. FWG Holdings LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.8% during the third quarter. FWG Holdings LLC now owns 158,658 shares of the company’s stock worth $8,801,000 after purchasing an additional 2,827 shares during the period. Finally, Prospera Financial Services Inc grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 33.4% during the third quarter. Prospera Financial Services Inc now owns 140,478 shares of the company’s stock worth $7,719,000 after buying an additional 35,143 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

JEPQ stock opened at $56.57 on Friday. The company’s 50-day moving average price is $55.13 and its two-hundred day moving average price is $54.34. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $56.78. The firm has a market cap of $18.25 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.4936 per share. The ex-dividend date was Friday, November 1st. This represents a $5.92 annualized dividend and a yield of 10.47%.

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.