Motiv8 Investments LLC Invests $597,000 in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Motiv8 Investments LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,592 shares of the company’s stock, valued at approximately $597,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Crewe Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares during the last quarter. Pinnacle Bancorp Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Hollencrest Capital Management acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $33,000. Kestra Investment Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $33,000. Finally, Venturi Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after acquiring an additional 177 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $56.55 on Thursday. The stock has a market capitalization of $22.26 billion, a PE ratio of 33.40 and a beta of -0.84. The business’s fifty day moving average price is $57.31 and its 200 day moving average price is $55.82. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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