JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Holdings Lifted by KFG Wealth Management LLC

KFG Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 106,648 shares of the company’s stock after buying an additional 12,225 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up about 0.7% of KFG Wealth Management LLC’s holdings, making the stock its 25th largest position. KFG Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,533,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after acquiring an additional 1,132,270 shares during the last quarter. Royal Bank of Canada lifted its holdings 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 in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of 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 in the last quarter. Cetera Investment Advisers grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% in the first quarter. Cetera Investment Advisers now owns 3,035,644 shares of the company’s stock valued at $168,539,000 after purchasing an additional 204,154 shares during the last quarter. Finally, 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 last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock traded down $1.29 on Friday, reaching $58.81. The company had a trading volume of 9,763,872 shares, compared to its average volume of 6,565,869. The company’s fifty day moving average is $60.23 and its 200 day moving average is $59.53. The company has a market cap of $43.07 billion, a P/E ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.