Verity Asset Management Inc. Purchases 15,134 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Verity Asset Management Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 22.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 82,504 shares of the company’s stock after buying an additional 15,134 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 2.0% of Verity Asset Management Inc.’s investment portfolio, making the stock its 6th largest holding. Verity Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,054,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JEPQ. Vaquero Private Wealth Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $25,000. Valley Wealth Managers Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $26,000. Richardson Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $27,000. Next Level Wealth Planning LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $39,000. Finally, Main Street Group LTD bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $37,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9%

JEPQ stock opened at $57.11 on Thursday. The stock’s 50 day simple moving average is $59.87 and its 200 day simple moving average is $59.04. 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 $42.16 billion, a PE ratio of 32.17 and a beta of 0.83.

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.