JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock: Smallwood Wealth Investment Management LLC Boosts Position

Smallwood Wealth Investment Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 38.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,265 shares of the company’s stock after buying an additional 15,621 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 1.5% of Smallwood Wealth Investment Management LLC’s investment portfolio, making the stock its 15th biggest holding. Smallwood Wealth Investment Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,447,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Verity Asset Management Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 22.5% during the 3rd quarter. Verity Asset Management Inc. now owns 82,504 shares of the company’s stock valued at $5,054,000 after purchasing an additional 15,134 shares during the period. Focused Wealth Management Inc lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the third quarter. Focused Wealth Management Inc now owns 25,777 shares of the company’s stock worth $1,579,000 after buying an additional 1,563 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $211,567,000. Provenance Wealth Advisors LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $2,222,000. Finally, Integras Partners LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.3% in the third quarter. Integras Partners LLC now owns 39,728 shares of the company’s stock valued at $2,434,000 after acquiring an additional 1,275 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.11 on Thursday. The firm’s 50 day simple moving average is $59.87 and its 200 day simple moving average is $59.04. The firm has a market capitalization of $42.16 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72.

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.