Paladin Advisory Group LLC Trims Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Paladin Advisory Group LLC lowered its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 19.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,400 shares of the company’s stock after selling 11,710 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 2.1% of Paladin Advisory Group LLC’s portfolio, making the stock its 17th biggest holding. Paladin Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,729,000 at the end of the most recent reporting period.

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 JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $25,000. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $31,000. Hollencrest Capital Management acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $33,000. Sugar Maple Asset Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $41,000. Finally, Pin Oak Investment Advisors Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after purchasing an additional 575 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.2 %

Shares of NASDAQ:JEPQ opened at $57.38 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.31. The business has a fifty day simple moving average of $57.14 and a 200-day simple moving average of $55.14. The company has a market cap of $22.19 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.