Pennsylvania Capital Management Inc. ADV Sells 899 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Pennsylvania Capital Management Inc. ADV trimmed its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 19.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,703 shares of the company’s stock after selling 899 shares during the period. Pennsylvania Capital Management Inc. ADV’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Glen Eagle Advisors LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the third quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock worth $147,000 after buying an additional 188 shares in the last quarter. Fortis Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after purchasing an additional 198 shares in the last quarter. Mayflower Financial Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the fourth quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock worth $282,000 after purchasing an additional 200 shares during the period. Round Rock Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.4% in the fourth quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock valued at $808,000 after purchasing an additional 200 shares in the last quarter. Finally, Lifestyle Asset Management Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the third quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock worth $3,195,000 after purchasing an additional 217 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.5 %

JEPQ stock opened at $56.62 on Tuesday. The company’s 50-day moving average price is $57.23 and its two-hundred day moving average price is $55.20. The firm has a market cap of $22.22 billion, a P/E 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 $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.