Oppenheimer & Co. Inc. Grows Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Oppenheimer & Co. Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 53.2% during the 4th quarter, HoldingsChannel reports. The firm owned 74,372 shares of the company’s stock after acquiring an additional 25,823 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,193,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JEPQ. Crewe Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the period. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $31,000. Hollencrest Capital Management purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $33,000. Kestra Investment Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $33,000. Finally, Venturi Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after purchasing an additional 177 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $55.98 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The firm has a market capitalization of $22.04 billion, a PE ratio of 33.40 and a beta of -0.84. The business’s 50-day moving average is $57.26 and its two-hundred day moving average is $55.85.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

JPMorgan Nasdaq Equity Premium Income ETF Company 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.