Summit Trail Advisors LLC Has $288,000 Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Summit Trail Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,062 shares of the company’s stock after purchasing an additional 516 shares during the quarter. Summit Trail Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $288,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in JEPQ. Glen Eagle Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after acquiring an additional 188 shares during the last quarter. Fortis Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after acquiring an additional 198 shares during the last quarter. Mayflower Financial Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.2% during the fourth quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock valued at $282,000 after purchasing an additional 200 shares during the period. Round Rock Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.4% in the fourth quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock valued at $808,000 after purchasing an additional 200 shares in the last quarter. Finally, Iron Horse Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock worth $53,000 after purchasing an additional 200 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $57.64 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.31. The firm has a fifty day moving average of $57.29 and a 200-day moving average of $55.37. The firm has a market capitalization of $22.69 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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