Centaurus Financial Inc. Sells 139,263 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Centaurus Financial Inc. reduced its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 249,289 shares of the company’s stock after selling 139,263 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.9% of Centaurus Financial Inc.’s holdings, making the stock its 19th largest holding. Centaurus Financial Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $13,693,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in 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 acquiring an additional 3,029,552 shares in the last quarter. LPL Financial LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock worth $400,539,000 after purchasing an additional 1,017,261 shares during the period. Strategic Financial Concepts LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% in the second quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock valued at $518,000 after purchasing an additional 922,558 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 550.6% during the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock valued at $57,049,000 after purchasing an additional 890,120 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% during the 1st quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock worth $43,071,000 after purchasing an additional 783,584 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.57 on Friday. The business has a 50-day simple moving average of $55.13 and a 200 day simple moving average of $54.34. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $56.78. The firm has a market capitalization of $18.25 billion, a price-to-earnings 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. Stockholders of record on Friday, November 1st were issued a dividend of $0.4936 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 annualized dividend and a dividend yield of 10.47%.

JPMorgan Nasdaq Equity Premium Income ETF 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.