JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by Independent Wealth Network Inc.

Independent Wealth Network Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 121.0% during the third quarter, Holdings Channel reports. The firm owned 26,994 shares of the company’s stock after acquiring an additional 14,777 shares during the quarter. Independent Wealth Network Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,654,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Valley Wealth Managers Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $26,000. Sankala Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Main Street Group LTD bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $37,000. Downshift Financial LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $42,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $54,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.77 during trading on Monday, reaching $59.58. 3,328,028 shares of the company traded hands, compared to its average volume of 6,549,410. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72. The company has a 50 day moving average price of $60.23 and a 200-day moving average price of $59.57. The firm has a market capitalization of $43.60 billion, a PE ratio of 32.17 and a beta of 0.82.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.