Wealth Effects LLC Acquires 4,889 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wealth Effects LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,289 shares of the company’s stock after acquiring an additional 4,889 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 0.8% of Wealth Effects LLC’s investment portfolio, making the stock its 25th biggest position. Wealth Effects LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JEPQ. JPMorgan Chase & Co. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after purchasing an additional 1,028,135 shares during the last quarter. LPL Financial LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after acquiring an additional 837,415 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after acquiring an additional 3,029,552 shares during the period. RiverFront Investment Group LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock worth $124,476,000 after acquiring an additional 105,765 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 47.5% in the 2nd quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock worth $86,074,000 after purchasing an additional 499,083 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $56.86 on Tuesday. The firm has a market capitalization of $21.99 billion, a PE ratio of 32.10 and a beta of -0.84. The business has a 50 day simple moving average of $57.12 and a two-hundred day simple moving average of $55.14. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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