ADG Wealth Management Group LLC Acquires Shares of 155,404 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

ADG Wealth Management Group LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 155,404 shares of the company’s stock, valued at approximately $8,762,000. JPMorgan Nasdaq Equity Premium Income ETF makes up about 7.8% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 5th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Crewe Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares during the period. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $31,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $33,000. Kestra Investment Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $33,000. Finally, Venturi Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after acquiring an additional 177 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.5 %

NASDAQ JEPQ opened at $55.98 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54. The business’s fifty day simple moving average is $57.26 and its 200-day simple moving average is $55.85. The firm 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 business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.4502 per share. The ex-dividend date was Monday, February 3rd.

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.