JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 148,993 shares of the company’s stock after acquiring an additional 10,477 shares during the period. Cornerstone Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,127,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JEPQ. Bank of America Corp DE lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 8.9% in the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock valued at $770,489,000 after acquiring an additional 1,132,270 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock worth $266,550,000 after purchasing an additional 327,859 shares in the last quarter. Royal Bank of Canada grew its stake in shares of 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 during the period. Rakuten Investment Management Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $211,567,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $184,782,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5%

Shares of JEPQ opened at $55.82 on Wednesday. The company has a 50-day simple moving average of $59.46 and a 200-day simple moving average of $58.97. The company has a market capitalization of $41.68 billion, a PE 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.