Stonebridge Financial Group LLC Makes New $873,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Stonebridge Financial Group LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 15,487 shares of the company’s stock, valued at approximately $873,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cornerstone Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $225,000. GAMMA Investing LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% during the fourth quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock worth $722,000 after purchasing an additional 4,895 shares in the last quarter. Iron Horse Wealth Management LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after buying an additional 200 shares during the last quarter. Creative Planning raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.4% in the third quarter. Creative Planning now owns 23,608 shares of the company’s stock valued at $1,297,000 after buying an additional 2,966 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 781.5% during the 3rd quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock worth $20,844,000 after buying an additional 335,448 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $57.71 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.31. The stock has a market cap of $22.72 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock has a 50-day simple moving average of $57.26 and a 200-day simple moving average of $55.30.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.4502 dividend. The ex-dividend date was 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.