AdvisorNet Financial Inc Acquires 7,142 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

AdvisorNet Financial Inc increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,254 shares of the company’s stock after purchasing an additional 7,142 shares during the quarter. AdvisorNet Financial Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,818,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of JEPQ. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $25,000. Hollencrest Capital Management purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $33,000. Pin Oak Investment Advisors Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after acquiring an additional 575 shares during the period. CENTRAL TRUST Co purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $48,000. Finally, Sugarloaf Wealth Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $82,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $55.76 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.21. The company’s fifty day moving average price is $56.94 and its 200-day moving average price is $55.04. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were given 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.