Beacon Financial Planning Inc. Has $849,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Beacon Financial Planning Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 140.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,056 shares of the company’s stock after purchasing an additional 8,795 shares during the period. Beacon Financial Planning Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $849,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Glen Eagle Advisors LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the third quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after acquiring an additional 188 shares during the last quarter. Fortis Advisors LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock valued at $405,000 after purchasing an additional 198 shares during the last quarter. Mayflower Financial Advisors LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock valued at $282,000 after purchasing an additional 200 shares during the last quarter. Round Rock Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.4% during the fourth quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock worth $808,000 after purchasing an additional 200 shares during the period. Finally, Lifestyle Asset Management Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the third quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock worth $3,195,000 after buying an additional 217 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9 %

JEPQ opened at $57.13 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.31. The business has a 50 day moving average of $57.23 and a 200-day moving average of $55.21. The stock has a market cap of $22.42 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.4502 per share. The ex-dividend date of this dividend is Monday, February 3rd.

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.