Sowell Financial Services LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) by 124.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 67,695 shares of the company’s stock after buying an additional 37,536 shares during the quarter. Sowell Financial Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,147,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the company. Valley Wealth Managers Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $26,000. Main Street Group LTD bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $37,000. Downshift Financial LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $42,000. Dynamic Wealth Strategies LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at about $54,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $61,000.
JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.1%
NASDAQ JEPQ opened at $59.38 on Friday. The company has a 50-day moving average price of $60.10 and a two-hundred day moving average price of $59.08. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72. The stock has a market cap of $43.56 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.
See Also
- Five stocks we like better than JPMorgan Nasdaq Equity Premium Income ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
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.
