Whipplewood Advisors LLC Invests $2.11 Million in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Whipplewood Advisors LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, HoldingsChannel reports. The fund bought 37,385 shares of the company’s stock, valued at approximately $2,108,000. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.2% of Whipplewood Advisors LLC’s investment portfolio, making the stock its 20th biggest position.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $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 worth $56,889,000 after acquiring an additional 991,227 shares during the last quarter. LPL Financial LLC lifted its stake 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 acquiring an additional 837,415 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in the fourth quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after acquiring an additional 811,640 shares in the last quarter. Finally, Marks Wealth LLC boosted its holdings in 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 purchasing an additional 491,445 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

JEPQ stock opened at $56.55 on Thursday. The stock’s 50 day moving average is $57.31 and its two-hundred day moving average is $55.82. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54. The company has a market capitalization of $23.13 billion, a PE ratio of 33.40 and a beta of 0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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