D.A. Davidson & CO. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) in the third quarter, Holdings Channel.com reports. The firm purchased 185,222 shares of the company’s stock, valued at approximately $11,347,000.
Several other institutional investors have also recently made changes to their positions in the company. Tucker Asset Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.2% during the second quarter. Tucker Asset Management LLC now owns 63,336 shares of the company’s stock worth $3,893,000 after purchasing an additional 10,642 shares in the last quarter. NewEdge Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.3% in the second quarter. NewEdge Advisors LLC now owns 632,916 shares of the company’s stock valued at $38,899,000 after purchasing an additional 79,116 shares in the last quarter. KFG Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 13.8% in the second quarter. KFG Wealth Management LLC now owns 94,423 shares of the company’s stock valued at $5,803,000 after purchasing an additional 11,458 shares in the last quarter. Avior Wealth Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.8% during the third quarter. Avior Wealth Management LLC now owns 289,896 shares of the company’s stock valued at $17,759,000 after purchasing an additional 41,606 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 97.1% during the third quarter. Cyndeo Wealth Partners LLC now owns 18,696 shares of the company’s stock valued at $1,145,000 after purchasing an additional 9,209 shares during the last quarter.
JPMorgan Nasdaq Equity Premium Income ETF Price Performance
JEPQ stock opened at $57.58 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The stock has a market cap of $42.24 billion, a PE ratio of 32.17 and a beta of 0.82. The firm has a 50 day simple moving average of $60.05 and a two-hundred day simple moving average of $59.08.
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.
Further Reading
- Five stocks we like better than JPMorgan Nasdaq Equity Premium Income ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding JEPQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report).
Receive News & Ratings for JPMorgan Nasdaq Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Nasdaq Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
