BTS Asset Management Inc. Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

BTS Asset Management Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 105.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,618 shares of the company’s stock after buying an additional 5,448 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 0.6% of BTS Asset Management Inc.’s portfolio, making the stock its 11th largest holding. BTS Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $599,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in JEPQ. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $25,000. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $31,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $33,000. Pin Oak Investment Advisors Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after acquiring an additional 575 shares during the last quarter. Finally, CENTRAL TRUST Co bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $57.27 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.21. The company’s fifty day moving average price is $56.98 and its 200-day moving average price is $55.07. The company has a market capitalization of $21.56 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date was Tuesday, December 31st.

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.