Pure Financial Advisors LLC Purchases New Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Pure Financial Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,395 shares of the company’s stock, valued at approximately $473,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after buying an additional 3,029,552 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after acquiring an additional 1,028,135 shares during the period. LPL Financial LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after acquiring an additional 837,415 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 47.5% in the 2nd quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock valued at $86,074,000 after purchasing an additional 499,083 shares during the period. Finally, American Trust bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $26,134,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.5 %

Shares of JEPQ stock opened at $57.56 on Wednesday. The stock has a market cap of $21.70 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The business’s fifty day moving average is $56.99 and its 200 day moving average is $55.08. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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