JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Raised by Drive Wealth Management LLC

Drive Wealth Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,435 shares of the company’s stock after purchasing an additional 3,698 shares during the period. Drive Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $25,000. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Hollencrest Capital Management bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $33,000. Sugar Maple Asset Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $41,000. Finally, Pin Oak Investment Advisors Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after buying an additional 575 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $58.07 on Monday. The stock has a market capitalization of $22.27 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.31. The business’s fifty day moving average is $57.12 and its two-hundred day moving average is $55.14.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.