JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Bought by Adams Asset Advisors LLC

Adams Asset Advisors LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 56.6% in the third quarter, Holdings Channel reports. The institutional investor owned 2,205,299 shares of the company’s stock after buying an additional 797,239 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 12.5% of Adams Asset Advisors LLC’s portfolio, making the stock its biggest position. Adams Asset Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $135,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% in the 1st quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock valued at $770,489,000 after purchasing an additional 1,132,270 shares in the last quarter. Royal Bank of Canada lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after purchasing an additional 517,693 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock worth $266,550,000 after purchasing an additional 327,859 shares in the last quarter. PVG Asset Management Corp grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 444.9% in the first quarter. PVG Asset Management Corp now owns 280,457 shares of the company’s stock worth $17,158,000 after purchasing an additional 228,985 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 122.1% in the second quarter. Integrated Wealth Concepts LLC now owns 416,331 shares of the company’s stock valued at $25,588,000 after buying an additional 228,842 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.6%

NASDAQ JEPQ traded down $0.34 on Thursday, hitting $60.93. 5,695,534 shares of the stock traded hands, compared to its average volume of 6,590,962. The stock has a 50-day moving average of $60.02 and a 200 day moving average of $59.32. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $53.51 and a twelve month high of $61.72. The company has a market capitalization of $44.46 billion, a P/E ratio of 32.17 and a beta of 0.82.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.