Magnus Financial Group LLC Buys 33,899 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Magnus Financial Group LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 574,008 shares of the company’s stock after purchasing an additional 33,899 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 2.4% of Magnus Financial Group LLC’s investment portfolio, making the stock its 7th largest position. Magnus Financial Group LLC owned 0.08% of JPMorgan Nasdaq Equity Premium Income ETF worth $35,164,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JEPQ. Crossmark Global Holdings Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $364,000. Fifth Third Securities Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.7% in the 3rd quarter. Fifth Third Securities Inc. now owns 8,538 shares of the company’s stock valued at $523,000 after buying an additional 1,404 shares during the period. Sowell Financial Services LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 124.5% in the 3rd quarter. Sowell Financial Services LLC now owns 67,695 shares of the company’s stock valued at $4,147,000 after buying an additional 37,536 shares during the period. Quadrant Capital Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $480,000. Finally, Pinnacle Associates Ltd. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the 3rd quarter. Pinnacle Associates Ltd. now owns 118,398 shares of the company’s stock worth $7,253,000 after acquiring an additional 4,172 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.95 on Thursday. The business has a 50-day moving average of $60.22 and a 200 day moving average of $59.66. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The stock has a market capitalization of $43.88 billion, a price-to-earnings 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.