JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Sold by Creekmur Asset Management LLC

Creekmur Asset Management LLC decreased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.5% during the third quarter, Holdings Channel.com reports. The firm owned 693 shares of the company’s stock after selling 381 shares during the period. Creekmur Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $38,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Comerica Bank increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after buying an additional 17,500 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after purchasing an additional 285 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $225,000. Raymond James & Associates boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% during the second quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after purchasing an additional 303,680 shares in the last quarter. Finally, Western Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after purchasing an additional 1,893 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $55.76 on Wednesday. The stock has a 50 day simple moving average of $54.16 and a 200-day simple moving average of $53.90. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $45.62 and a 1-year high of $56.18. The company has a market cap of $17.68 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 annualized dividend and a dividend yield of 11.86%.

JPMorgan Nasdaq Equity Premium Income ETF 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.