Retirement Planning Group LLC Makes New $2.15 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Retirement Planning Group LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, Holdings Channel reports. The firm purchased 35,162 shares of the company’s stock, valued at approximately $2,154,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPQ. Valley Wealth Managers Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $26,000. Main Street Group LTD bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $37,000. Downshift Financial LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $42,000. Dynamic Wealth Strategies LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $54,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $61,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $59.44 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 has a market cap of $43.51 billion, a P/E ratio of 32.17 and a beta of 0.82. The stock’s 50-day simple moving average is $60.22 and its 200 day simple moving average is $59.63.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.