Truist Financial Corp Lowers Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Truist Financial Corp cut its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 515,240 shares of the company’s stock after selling 88,344 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $29,049,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after buying an additional 3,029,552 shares during the last quarter. JPMorgan Chase & Co. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after buying an additional 1,028,135 shares during the last quarter. Strategic Financial Concepts LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after buying an additional 991,227 shares during the last quarter. LPL Financial LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after buying an additional 837,415 shares during the last quarter. Finally, Marks Wealth LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% in the 4th quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock valued at $29,316,000 after buying an additional 491,445 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $58.38 on Wednesday. The firm’s fifty day moving average price is $57.33 and its 200 day moving average price is $55.51. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.47. The firm has a market cap of $22.98 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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