Cobblestone Asset Management LLC Sells 32,621 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cobblestone Asset Management LLC reduced its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,874 shares of the company’s stock after selling 32,621 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 2.9% of Cobblestone Asset Management LLC’s portfolio, making the stock its 13th biggest position. Cobblestone Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,447,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $25,000. Pinnacle Bancorp Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $33,000. Sugar Maple Asset Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $41,000. Finally, Pin Oak Investment Advisors Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after buying an additional 575 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.3 %

Shares of NASDAQ:JEPQ opened at $58.07 on Monday. The stock has a market cap of $22.27 billion, a PE ratio of 32.10 and a beta of -0.84. The stock’s fifty day simple moving average is $57.12 and its two-hundred day simple moving average is $55.14. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued 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.