Graypoint LLC Has $16.67 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Graypoint LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 295,586 shares of the company’s stock after purchasing an additional 29,254 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 1.0% of Graypoint LLC’s investment portfolio, making the stock its 25th biggest position. Graypoint LLC owned 0.08% of JPMorgan Nasdaq Equity Premium Income ETF worth $16,665,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $25,000. Hollencrest Capital Management acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd 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. CENTRAL TRUST Co bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $48,000. Finally, Sugarloaf Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $82,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.5 %

NASDAQ JEPQ traded down $0.84 during trading hours on Friday, hitting $55.98. 6,619,155 shares of the company’s stock were exchanged, compared to its average volume of 5,170,261. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.21. The stock has a 50-day simple moving average of $56.86 and a 200 day simple moving average of $55.03. The firm has a market cap of $20.68 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.