Global Wealth Management Investment Advisory Inc. Acquires 199,793 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Global Wealth Management Investment Advisory Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 940.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 221,031 shares of the company’s stock after acquiring an additional 199,793 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 1.7% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its 15th biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $13,540,000 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. Pinion Investment Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.0% in the third quarter. Pinion Investment Advisors LLC now owns 6,386 shares of the company’s stock worth $391,000 after acquiring an additional 187 shares during the period. Howard Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% in the third quarter. Howard Wealth Management LLC now owns 4,148 shares of the company’s stock valued at $254,000 after purchasing an additional 190 shares in the last quarter. Grant Private Wealth Management Inc raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.2% during the 3rd quarter. Grant Private Wealth Management Inc now owns 17,306 shares of the company’s stock valued at $1,060,000 after purchasing an additional 198 shares during the period. TD Waterhouse Canada Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,858 shares of the company’s stock valued at $292,000 after purchasing an additional 200 shares during the period. Finally, Private Capital Advisors Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.9% during the 3rd quarter. Private Capital Advisors Inc. now owns 10,756 shares of the company’s stock valued at $659,000 after purchasing an additional 200 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $56.10 on Tuesday. The stock’s 50-day simple moving average is $59.55 and its 200 day simple moving average is $58.99. The stock has a market capitalization of $41.89 billion, a price-to-earnings ratio of 25.45 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF 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.