JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC decreased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 56,442 shares of the company’s stock after selling 15,654 shares during the quarter. Ellis Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,458,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.7% during the third quarter. Fifth Third Securities Inc. now owns 8,538 shares of the company’s stock valued at $523,000 after purchasing an additional 1,404 shares in the last quarter. Sowell Financial Services LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 124.5% during the 3rd quarter. Sowell Financial Services LLC now owns 67,695 shares of the company’s stock worth $4,147,000 after purchasing an additional 37,536 shares during the last quarter. Quadrant Capital Group LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $480,000. Pinnacle Associates Ltd. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the 3rd quarter. Pinnacle Associates Ltd. now owns 118,398 shares of the company’s stock worth $7,253,000 after buying an additional 4,172 shares during the last quarter. Finally, Sulzberger Capital Advisors Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.5% in the third quarter. Sulzberger Capital Advisors Inc. now owns 61,002 shares of the company’s stock worth $3,737,000 after buying an additional 14,248 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ traded up $0.61 during midday trading on Wednesday, hitting $60.05. The company’s stock had a trading volume of 2,525,074 shares, compared to its average volume of 6,530,421. The firm’s 50 day moving average is $60.22 and its 200-day moving average is $59.63. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72. The firm has a market cap of $43.96 billion, a P/E ratio of 32.17 and a beta of 0.82.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.