GeoWealth Management LLC Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

GeoWealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 106.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,820 shares of the company’s stock after purchasing an additional 14,850 shares during the period. GeoWealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,394,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. US Bancorp DE bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth approximately $26,000. Harbor Investment Advisory LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 78.9% in the 2nd quarter. Harbor Investment Advisory LLC now owns 594 shares of the company’s stock worth $29,000 after buying an additional 262 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 170.1% in the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 659 shares of the company’s stock worth $32,000 after buying an additional 415 shares in the last quarter. Belpointe Asset Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 846.7% during the 1st quarter. Belpointe Asset Management LLC now owns 710 shares of the company’s stock valued at $32,000 after purchasing an additional 635 shares during the period. Finally, Allworth Financial LP purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $36,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

Shares of JEPQ stock opened at $49.12 on Tuesday. The stock has a market cap of $6.55 billion, a P/E ratio of 23.03 and a beta of -0.84. The company’s fifty day simple moving average is $47.37 and its two-hundred day simple moving average is $47.63. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $40.03 and a 52 week high of $49.48.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 5th. Shareholders of record on Tuesday, October 3rd were paid a $0.4172 dividend. The ex-dividend date of this dividend was Monday, October 2nd.

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.