Park Avenue Securities LLC Acquires 181,768 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Park Avenue Securities LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 181,768 shares of the company’s stock, valued at approximately $11,135,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in 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. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock valued at $266,550,000 after buying an additional 327,859 shares during the period. Royal Bank of Canada boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the 1st quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after buying an additional 517,693 shares during the period. Cetera Investment Advisers grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% during the first quarter. Cetera Investment Advisers now owns 3,035,644 shares of the company’s stock worth $168,539,000 after buying an additional 204,154 shares in the last quarter. Finally, Adams Asset Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 56.6% during the third quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock worth $135,097,000 after buying an additional 797,239 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $59.70 on Wednesday. The company’s 50 day moving average price is $60.10 and its 200 day moving average price is $59.08. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72. The firm has a market capitalization of $44.09 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

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.