Purus Wealth Management LLC Raises Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Purus Wealth Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 44.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 51,728 shares of the company’s stock after acquiring an additional 16,013 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 1.2% of Purus Wealth Management LLC’s holdings, making the stock its 21st largest position. Purus Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,916,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of JEPQ. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $25,000. Pinnacle Bancorp Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Hollencrest Capital Management purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $33,000. Pin Oak Investment Advisors Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after buying an additional 575 shares in the last quarter. Finally, CENTRAL TRUST Co acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $57.27 on Monday. The business’s 50 day moving average price is $56.98 and its 200-day moving average price is $55.07. The firm has a market capitalization of $21.59 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.