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

Ellis Investment Partners LLC reduced its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,442 shares of the company’s stock after selling 15,654 shares during the period. Ellis Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,458,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the 1st quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock valued at $770,489,000 after purchasing an additional 1,132,270 shares during the period. Adams Asset Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 56.6% in the 3rd quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock worth $135,097,000 after acquiring an additional 797,239 shares during the last quarter. Royal Bank of Canada boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after acquiring an additional 517,693 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock valued at $266,550,000 after purchasing an additional 327,859 shares in the last quarter. Finally, PVG Asset Management Corp grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 444.9% in the 1st quarter. PVG Asset Management Corp now owns 280,457 shares of the company’s stock worth $17,158,000 after buying an additional 228,985 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.0%

JEPQ traded up $0.61 on Wednesday, hitting $60.05. The company had a trading volume of 2,525,074 shares, compared to its average volume of 6,530,421. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72. The business’s fifty day simple moving average is $60.22 and its 200 day simple moving average is $59.63. The company has a market cap of $43.96 billion, a PE ratio of 32.17 and a beta of 0.82.

About JPMorgan Nasdaq Equity Premium Income ETF

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.