StoneX Group Inc. Acquires New Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

StoneX Group Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,602 shares of the company’s stock, valued at approximately $1,813,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after acquiring an additional 1,132,270 shares in the last quarter. Royal Bank of Canada lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after acquiring an additional 517,693 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock valued at $266,550,000 after acquiring an additional 327,859 shares during the last quarter. Rakuten Investment Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at $211,567,000. Finally, Cetera Investment Advisers grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% in the 1st quarter. Cetera Investment Advisers now owns 3,035,644 shares of the company’s stock valued at $168,539,000 after acquiring an additional 204,154 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $54.34 on Monday. The company has a market cap of $40.50 billion, a PE ratio of 32.17 and a beta of 0.83. The firm has a 50-day moving average of $59.63 and a 200-day moving average of $59.00. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72.

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.