Redhawk Wealth Advisors Inc. Sells 333 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Redhawk Wealth Advisors Inc. reduced its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,666 shares of the company’s stock after selling 333 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $432,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $25,000. Hollencrest Capital Management bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $33,000. Pin Oak Investment Advisors Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after acquiring an additional 575 shares during the period. CENTRAL TRUST Co bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $48,000. Finally, Sugarloaf Wealth Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $82,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5 %

Shares of NASDAQ:JEPQ opened at $56.58 on Friday. The business’s 50 day moving average is $56.96 and its 200 day moving average is $55.06. The stock has a market cap of $21.30 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.