Adams Asset Advisors LLC Buys 797,239 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Adams Asset Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 56.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,205,299 shares of the company’s stock after acquiring an additional 797,239 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 12.5% of Adams Asset Advisors LLC’s holdings, making the stock its largest holding. Adams Asset Advisors LLC owned approximately 0.30% of JPMorgan Nasdaq Equity Premium Income ETF worth $135,097,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. GM Advisory Group LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the first quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock worth $1,084,000 after purchasing an additional 170 shares in the last quarter. Red Mountain Financial LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 1st quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock valued at $237,000 after purchasing an additional 175 shares in the last quarter. Blodgett Wealth Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.3% during the 1st quarter. Blodgett Wealth Advisors LLC now owns 6,350 shares of the company’s stock valued at $353,000 after purchasing an additional 200 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,858 shares of the company’s stock worth $292,000 after buying an additional 200 shares during the period. Finally, Private Capital Advisors Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.9% in the 3rd quarter. Private Capital Advisors Inc. now owns 10,756 shares of the company’s stock worth $659,000 after buying an additional 200 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.6%

NASDAQ:JEPQ traded down $0.34 on Thursday, reaching $60.93. The stock had a trading volume of 5,695,534 shares, compared to its average volume of 6,590,962. The company has a 50-day moving average of $60.02 and a 200 day moving average of $59.32. The stock has a market cap of $44.46 billion, a P/E ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $53.51 and a 12-month high of $61.72.

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