Geneos Wealth Management Inc. Invests $2.48 Million in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Geneos Wealth Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 43,953 shares of the company’s stock, valued at approximately $2,478,000.

Several other large investors have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after buying an additional 1,028,135 shares in the last quarter. LPL Financial LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after purchasing an additional 837,415 shares during the last quarter. International Assets Investment Management LLC raised its position 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 valued at $169,078,000 after purchasing an additional 3,029,552 shares during the last quarter. RiverFront Investment Group LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the second quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after purchasing an additional 105,765 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 47.5% during the second quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock worth $86,074,000 after acquiring an additional 499,083 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $58.07 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.31. The company has a market capitalization of $22.27 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The business has a 50-day moving average of $57.12 and a 200-day moving average of $55.14.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

JPMorgan Nasdaq Equity Premium Income ETF Company 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.