Lighthouse Financial LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) by 22.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,786 shares of the company’s stock after acquiring an additional 12,277 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 1.8% of Lighthouse Financial LLC’s investment portfolio, making the stock its 18th biggest holding. Lighthouse Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,091,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently made changes to their positions in JEPQ. Tucker Asset Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.2% during the 2nd quarter. Tucker Asset Management LLC now owns 63,336 shares of the company’s stock valued at $3,893,000 after purchasing an additional 10,642 shares during the period. NewEdge Advisors LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.3% during the 2nd quarter. NewEdge Advisors LLC now owns 632,916 shares of the company’s stock worth $38,899,000 after buying an additional 79,116 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.3% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 254,749 shares of the company’s stock worth $15,657,000 after buying an additional 10,487 shares during the period. Concurrent Investment Advisors LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 46.9% in the second quarter. Concurrent Investment Advisors LLC now owns 156,440 shares of the company’s stock worth $9,615,000 after buying an additional 49,921 shares during the period. Finally, KFG Wealth Management LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 13.8% in the second quarter. KFG Wealth Management LLC now owns 94,423 shares of the company’s stock worth $5,803,000 after buying an additional 11,458 shares during the period.
JPMorgan Nasdaq Equity Premium Income ETF Stock Performance
JEPQ stock opened at $58.43 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The stock has a market capitalization of $43.06 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. The stock’s fifty day moving average is $60.14 and its two-hundred day moving average is $59.67.
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.
Recommended Stories
- Five stocks we like better than JPMorgan Nasdaq Equity Premium Income ETF
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
- MarketBeat Week in Review – 10/19 – 10/23
Want to see what other hedge funds are holding JEPQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report).
Receive News & Ratings for JPMorgan Nasdaq Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Nasdaq Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
