Marion Wealth Management Increases Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Marion Wealth Management raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,325 shares of the company’s stock after buying an additional 254 shares during the period. Marion Wealth Management’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of JEPQ. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $25,000. Hollencrest Capital Management acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $33,000. Pin Oak Investment Advisors Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after acquiring an additional 575 shares in the last quarter. CENTRAL TRUST Co purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $48,000. Finally, Sugarloaf Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $82,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock traded down $0.15 during mid-day trading on Monday, reaching $55.83. The company had a trading volume of 5,166,888 shares, compared to its average volume of 5,170,875. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $58.21. The company has a market capitalization of $20.84 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The firm has a fifty day simple moving average of $56.90 and a 200 day simple moving average of $55.03.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were given a $0.4558 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.