Foguth Wealth Management LLC. Makes New $1.89 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Foguth Wealth Management LLC. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 32,556 shares of the company’s stock, valued at approximately $1,891,000.

A number of other institutional investors also recently bought and sold shares of the business. 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 stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $33,000. Sugar Maple Asset Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $41,000. Finally, Pin Oak Investment Advisors Inc. raised 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 worth $44,000 after purchasing an additional 575 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9 %

JEPQ opened at $57.13 on Wednesday. The firm has a market cap of $22.42 billion, a P/E ratio of 32.10 and a beta of -0.84. The business’s fifty day simple moving average is $57.23 and its 200 day simple moving average is $55.21. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be issued a $0.4502 dividend. The ex-dividend date of this dividend is Monday, February 3rd.

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.