HB Wealth Management LLC Has $2.29 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

HB Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 51.4% in the second quarter, Holdings Channel reports. The fund owned 37,198 shares of the company’s stock after acquiring an additional 12,628 shares during the period. HB Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,286,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares during the period. Morgan Stanley grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after purchasing an additional 1,408,923 shares during the period. Equitable Holdings Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% in the 4th quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock valued at $111,739,000 after purchasing an additional 1,231,809 shares during the period. LPL Financial LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after purchasing an additional 589,696 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after purchasing an additional 517,693 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $59.85 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72. The company’s 50 day moving average price is $59.43 and its two-hundred day moving average price is $58.88. The company has a market capitalization of $40.95 billion, a P/E 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.