JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Position Raised by IFP Advisors Inc

IFP Advisors Inc lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.2% in the 4th quarter, Holdings Channel reports. The fund owned 39,328 shares of the company’s stock after buying an additional 2,628 shares during the period. IFP Advisors Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,217,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in JEPQ. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $25,000. Crewe Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Hollencrest Capital Management purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $33,000. Finally, Kestra Investment Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.1 %

JEPQ stock opened at $56.39 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.54. The company has a market cap of $23.07 billion, a price-to-earnings ratio of 33.40 and a beta of 0.84. The company has a 50 day moving average of $57.35 and a two-hundred day moving average of $55.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given 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.