Kelly Financial Services LLC Trims Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kelly Financial Services LLC lowered its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 27.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,682 shares of the company’s stock after selling 8,272 shares during the quarter. Kelly Financial Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,222,000 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 purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $25,000. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $31,000. Hollencrest Capital Management acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $33,000. Pin Oak Investment Advisors Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after purchasing an additional 575 shares during the period. Finally, CENTRAL TRUST Co acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2 %

Shares of NASDAQ:JEPQ opened at $57.27 on Friday. The company has a market capitalization of $21.56 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.21. The business has a 50-day moving average price of $56.98 and a 200 day moving average price of $55.07.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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