Institute for Wealth Management LLC. Purchases Shares of 10,268 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Institute for Wealth Management LLC. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,268 shares of the company’s stock, valued at approximately $579,000.

A number of other institutional investors have also made changes to their positions in JEPQ. International Assets Investment Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after purchasing an additional 3,029,552 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after acquiring an additional 1,028,135 shares in the last quarter. LPL Financial LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after acquiring an additional 837,415 shares during the last quarter. Marks Wealth LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% during the 4th quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock valued at $29,316,000 after acquiring an additional 491,445 shares during the last quarter. Finally, American Trust bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $26,134,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $57.47 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.31. The company has a market capitalization of $22.23 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company’s fifty day moving average price is $57.21 and its two-hundred day moving average price is $55.19.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date was Tuesday, December 31st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.