Advance Capital Management Inc. Has $719,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Advance Capital Management Inc. trimmed its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 93.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,746 shares of the company’s stock after selling 172,940 shares during the quarter. Advance Capital Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $719,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $25,000. Hollencrest Capital Management acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $33,000. Pin Oak Investment Advisors Inc. increased its holdings in 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 in the last quarter. CENTRAL TRUST Co acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $48,000. Finally, Signaturefd LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 422.1% during the 3rd quarter. Signaturefd LLC now owns 1,817 shares of the company’s stock worth $100,000 after buying an additional 1,469 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ traded up $0.53 during mid-day trading on Monday, hitting $57.61. The company had a trading volume of 5,430,108 shares, compared to its average volume of 5,027,197. The company has a market capitalization of $21.20 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.21. The firm has a fifty day moving average price of $56.73 and a 200 day moving average price of $54.98.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date 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.