Silverlake Wealth Management LLC Reduces Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Silverlake Wealth Management LLC decreased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in JEPQ. Salomon & Ludwin LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $25,000. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $31,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $33,000. Sugar Maple Asset Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $41,000. Finally, Pin Oak Investment Advisors Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after purchasing an additional 575 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $57.13 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.31. The business has a fifty day moving average price of $57.23 and a 200-day moving average price of $55.21. The stock has a market capitalization of $22.42 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be paid 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.