SteelPeak Wealth LLC Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

SteelPeak Wealth LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 44.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 18,249 shares of the company’s stock after purchasing an additional 5,584 shares during the period. SteelPeak Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,037,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JEPQ. Cornerstone Wealth Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $225,000. GAMMA Investing LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% in the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock valued at $722,000 after purchasing an additional 4,895 shares during the last quarter. Creative Planning boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.4% in the 3rd quarter. Creative Planning now owns 23,608 shares of the company’s stock worth $1,297,000 after purchasing an additional 2,966 shares in the last quarter. Franklin Resources Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 781.5% during the 3rd quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock worth $20,844,000 after purchasing an additional 335,448 shares during the last quarter. Finally, Claro Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $329,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.3 %

NASDAQ:JEPQ opened at $57.37 on Thursday. The company has a market capitalization of $22.19 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.31. The firm has a fifty day simple moving average of $57.16 and a 200-day simple moving average of $55.16.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were given 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.