SBI Securities Co. Ltd. Invests $20.72 Million in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

SBI Securities Co. Ltd. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 367,469 shares of the company’s stock, valued at approximately $20,718,000. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.6% of SBI Securities Co. Ltd.’s holdings, making the stock its 28th biggest holding.

A number of other institutional investors have also modified their holdings of the stock. Crewe Advisors LLC boosted its stake 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 valued at $29,000 after purchasing an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Kestra Investment Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $33,000. Hollencrest Capital Management bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $33,000. Finally, Venturi Wealth Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during 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 in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $55.98 on Friday. The firm’s 50 day moving average price is $57.26 and its 200-day moving average price is $55.87. 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 cap of $22.04 billion, a PE ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company 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 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.