HBW Advisory Services LLC Purchases 3,175 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

HBW Advisory Services LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,001 shares of the company’s stock after purchasing an additional 3,175 shares during the quarter. HBW Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,184,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Glen Eagle Advisors LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the third quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after buying an additional 188 shares during the period. Lifestyle Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock worth $3,195,000 after acquiring an additional 217 shares during the last quarter. Main Street Financial Solutions LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock valued at $452,000 after acquiring an additional 224 shares during the period. Greenwich Wealth Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock worth $1,288,000 after purchasing an additional 232 shares in the last quarter. Finally, Townsquare Capital LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.1% in the 3rd quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock worth $222,000 after purchasing an additional 232 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $55.98 on Friday. The stock has a 50-day simple moving average of $56.90 and a two-hundred day simple moving average of $55.04. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.21. The firm has a market capitalization of $20.68 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued a $0.4558 dividend. The ex-dividend date of this dividend 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.