JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Holdings Reduced by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC decreased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 53.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,332 shares of the company’s stock after selling 9,448 shares during the period. Cherry Tree Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $510,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the 1st quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after purchasing an additional 1,132,270 shares during the period. Adams Asset Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 56.6% in the third quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock valued at $135,097,000 after purchasing an additional 797,239 shares during the period. Royal Bank of Canada grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after purchasing an additional 517,693 shares during the period. Envestnet Asset Management Inc. increased 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 valued at $266,550,000 after purchasing an additional 327,859 shares during the last quarter. Finally, PVG Asset Management Corp increased 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 valued at $17,158,000 after purchasing an additional 228,985 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ traded down $0.23 during trading hours on Thursday, hitting $59.87. 5,182,350 shares of the company’s stock were exchanged, compared to its average volume of 6,538,937. The business’s 50 day moving average is $60.23 and its 200-day moving average is $59.50. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72. The firm has a market capitalization of $43.73 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.