Fortress Financial Solutions LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Fortress Financial Solutions LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 63,350 shares of the company’s stock, valued at approximately $3,881,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 3.3% of Fortress Financial Solutions LLC’s portfolio, making the stock its 9th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. GM Advisory Group LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the first quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock worth $1,084,000 after purchasing an additional 170 shares during the period. Red Mountain Financial LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 1st quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock valued at $237,000 after purchasing an additional 175 shares during the period. Blodgett Wealth Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.3% during the 1st quarter. Blodgett Wealth Advisors LLC now owns 6,350 shares of the company’s stock valued at $353,000 after purchasing an additional 200 shares during the period. TD Waterhouse Canada Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,858 shares of the company’s stock valued at $292,000 after purchasing an additional 200 shares during the period. Finally, Private Capital Advisors Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.9% in the 3rd quarter. Private Capital Advisors Inc. now owns 10,756 shares of the company’s stock valued at $659,000 after buying an additional 200 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4%

JEPQ traded down $0.83 during midday trading on Wednesday, reaching $60.09. The company’s stock had a trading volume of 6,240,067 shares, compared to its average volume of 6,546,138. The company has a fifty day simple moving average of $60.22 and a 200 day simple moving average of $59.46. The stock has a market cap of $43.89 billion, a P/E ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $53.51 and a twelve month high of $61.72.

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.