Tandem Financial LLC Acquires New Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Tandem Financial LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, HoldingsChannel reports. The firm bought 12,821 shares of the company’s stock, valued at approximately $729,000. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 0.8% of Tandem Financial LLC’s holdings, making the stock its 27th largest holding.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the 3rd 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 period. JPMorgan Chase & Co. grew its holdings in 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 valued at $958,537,000 after buying an additional 1,028,135 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after buying an additional 991,227 shares during the period. LPL Financial LLC lifted its holdings in shares of 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 worth $442,425,000 after buying an additional 837,415 shares in the last quarter. Finally, Marks Wealth LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% in the fourth quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock valued at $29,316,000 after acquiring an additional 491,445 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4 %

Shares of NASDAQ:JEPQ opened at $57.59 on Friday. The company has a 50 day moving average of $57.24 and a 200 day moving average of $55.25. The stock has a market cap of $22.67 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.4502 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.