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

Moors & Cabot Inc. reduced its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 18.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,154 shares of the company’s stock after selling 1,576 shares during the quarter. Moors & Cabot Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $393,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Aurora Private Wealth Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock valued at $292,000 after purchasing an additional 189 shares during the last quarter. Lifestyle Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock worth $3,195,000 after acquiring an additional 217 shares during the period. Main Street Financial Solutions LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after acquiring an additional 224 shares during the last quarter. Greenwich Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock valued at $1,288,000 after acquiring an additional 232 shares during the period. Finally, Security National Bank lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 10.1% during the 2nd quarter. Security National Bank now owns 2,596 shares of the company’s stock valued at $144,000 after purchasing an additional 238 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $56.57 on Friday. The company has a market cap of $18.25 billion, a P/E ratio of 32.10 and a beta of -0.84. The firm’s fifty 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 one year low of $47.67 and a one year high of $56.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.4936 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a yield of 10.47%.

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.