JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department trimmed its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 63.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 150,277 shares of the company’s stock after selling 262,918 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.2% of Mechanics Bank Trust Department’s investment portfolio, making the stock its 22nd biggest position. Mechanics Bank Trust Department’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,206,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Valley Wealth Managers Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $26,000. Sankala Group LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $28,000. Main Street Group LTD bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at $37,000. Downshift Financial LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $42,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at $54,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock traded down $0.01 during midday trading on Tuesday, hitting $60.92. 3,960,548 shares of the company’s stock were exchanged, compared to its average volume of 6,547,668. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72. The stock has a 50-day moving average price of $60.19 and a two-hundred day moving average price of $59.43. The company has a market cap of $44.50 billion, a P/E ratio of 32.17 and a beta of 0.82.

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