SkyOak Wealth LLC Invests $211,000 in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

SkyOak Wealth LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,750 shares of the company’s stock, valued at approximately $211,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPQ. Bank of Montreal Can raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the 2nd quarter. Bank of Montreal Can now owns 9,986 shares of the company’s stock valued at $555,000 after buying an additional 702 shares in the last quarter. Creative Planning increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 271.0% during the second quarter. Creative Planning now owns 20,642 shares of the company’s stock worth $1,146,000 after acquiring an additional 15,078 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,025 shares of the company’s stock valued at $1,333,000 after purchasing an additional 4,139 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $1,445,000. Finally, Park Avenue Securities LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 141.3% in the 3rd quarter. Park Avenue Securities LLC now owns 18,498 shares of the company’s stock worth $1,016,000 after purchasing an additional 10,831 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $57.47 on Monday. The firm has a market capitalization of $22.55 billion, a PE ratio of 32.10 and a beta of -0.84. The stock’s fifty day moving average is $57.23 and its 200 day moving average is $55.19. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.