Interchange Capital Partners LLC Sells 4,635 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Interchange Capital Partners LLC cut its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 45.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,646 shares of the company’s stock after selling 4,635 shares during the quarter. Interchange Capital Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $318,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPQ. Venturi Wealth Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after buying an additional 177 shares during the period. Glen Eagle Advisors LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after purchasing an additional 188 shares during the period. Fortis Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the fourth quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock valued at $405,000 after purchasing an additional 198 shares in the last quarter. Mayflower Financial Advisors LLC grew its stake in 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. Finally, Round Rock Advisors LLC raised its holdings 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 worth $808,000 after purchasing an additional 200 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.8 %

Shares of JEPQ stock opened at $53.76 on Tuesday. The company’s fifty day moving average price is $55.95 and its 200-day moving average price is $55.84. The stock has a market cap of $21.17 billion, a PE ratio of 30.59 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 $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.4824 per share. The ex-dividend date was Monday, March 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

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.