Sheets Smith Wealth Management Has $1.12 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sheets Smith Wealth Management boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 22.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,880 shares of the company’s stock after purchasing an additional 3,613 shares during the period. Sheets Smith Wealth Management’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,121,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 25.1% in the 2nd quarter. Renaissance Technologies LLC now owns 152,036 shares of the company’s stock valued at $8,438,000 after buying an additional 30,536 shares during the last quarter. AE Wealth Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.9% during the second quarter. AE Wealth Management LLC now owns 40,830 shares of the company’s stock valued at $2,266,000 after acquiring an additional 11,007 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.1% during the second quarter. Thrivent Financial for Lutherans now owns 28,888 shares of the company’s stock worth $1,603,000 after purchasing an additional 5,987 shares during the period. Summit Trail Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $227,000. Finally, Bank of Montreal Can increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the second quarter. Bank of Montreal Can now owns 9,986 shares of the company’s stock valued at $555,000 after purchasing an additional 702 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.5 %

Shares of JEPQ opened at $57.56 on Wednesday. The stock’s 50-day moving average price is $56.99 and its two-hundred day moving average price is $55.08. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.21. The company has a market capitalization of $21.70 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued a $0.4558 dividend. The ex-dividend date was Tuesday, December 31st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.