StoneCrest Wealth Management Inc. Buys 3,580 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

StoneCrest Wealth Management Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.3% in the 4th quarter, HoldingsChannel reports. The firm owned 87,775 shares of the company’s stock after acquiring an additional 3,580 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up 3.2% of StoneCrest Wealth Management Inc.’s portfolio, making the stock its 11th biggest position. StoneCrest Wealth Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,949,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Glen Eagle Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after buying an additional 188 shares during the period. Fortis Advisors LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the fourth quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock valued at $405,000 after acquiring an additional 198 shares during the period. Lifestyle Asset Management Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the third quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock valued at $3,195,000 after acquiring an additional 217 shares in the last quarter. Greenwich Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% during the third quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock worth $1,288,000 after purchasing an additional 232 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.1% in the 3rd quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock worth $222,000 after purchasing an additional 232 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.5 %

NASDAQ JEPQ opened at $56.58 on Friday. The company has a market cap of $21.30 billion, a P/E ratio of 32.10 and a beta of -0.84. The company has a fifty day simple moving average of $56.96 and a 200 day simple moving average of $55.06. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were given a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.