Silverlake Wealth Management LLC Trims Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Silverlake Wealth Management LLC lessened its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.9% in the fourth quarter, Holdings Channel reports. The fund owned 18,516 shares of the company’s stock after selling 1,818 shares during the quarter. Silverlake Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,044,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of JEPQ. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after purchasing an additional 1,028,135 shares during the period. LPL Financial LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after acquiring an additional 837,415 shares during the period. International Assets Investment Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after acquiring an additional 3,029,552 shares during the period. Requisite Capital Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 42.2% in the third quarter. Requisite Capital Management LLC now owns 1,104,337 shares of the company’s stock worth $60,661,000 after acquiring an additional 327,611 shares during the period. Finally, Private Advisor Group LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.1% in the third quarter. Private Advisor Group LLC now owns 1,065,386 shares of the company’s stock worth $58,964,000 after acquiring an additional 163,564 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9 %

NASDAQ JEPQ opened at $57.13 on Wednesday. The firm has a market cap of $22.42 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The business has a 50-day moving average price of $57.23 and a 200-day moving average price of $55.21. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be given a $0.4502 dividend. The ex-dividend date of this dividend is Monday, February 3rd.

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.