Summit Wealth Partners LLC Sells 378 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Summit Wealth Partners LLC cut its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,441 shares of the company’s stock after selling 378 shares during the period. Summit Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,111,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after acquiring an additional 1,028,135 shares during the period. LPL Financial LLC lifted its holdings 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 valued at $442,425,000 after purchasing an additional 837,415 shares in the last quarter. International Assets Investment Management LLC lifted its holdings 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 valued at $169,078,000 after purchasing an additional 3,029,552 shares in the last quarter. Requisite Capital Management LLC lifted its holdings 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 valued at $60,661,000 after purchasing an additional 327,611 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings 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 valued at $58,964,000 after purchasing an additional 163,564 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $57.36 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.31. The firm has a market capitalization of $22.58 billion, a PE ratio of 32.10 and a beta of -0.84. The business’s 50-day simple moving average is $57.23 and its 200 day simple moving average is $55.23.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.4502 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.