53,817 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Acquired by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, Holdings Channel.com reports. The firm bought 53,817 shares of the company’s stock, valued at approximately $3,297,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the 1st quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after purchasing an additional 1,132,270 shares during the last quarter. Adams Asset Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 56.6% in the 3rd quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock worth $135,097,000 after purchasing an additional 797,239 shares during the period. Royal Bank of Canada boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the 1st quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after purchasing an additional 517,693 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock valued at $266,550,000 after purchasing an additional 327,859 shares during the last quarter. Finally, PVG Asset Management Corp boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 444.9% in the 1st quarter. PVG Asset Management Corp now owns 280,457 shares of the company’s stock valued at $17,158,000 after purchasing an additional 228,985 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.1%

JEPQ opened at $59.38 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $53.51 and a twelve month high of $61.72. The company has a fifty day moving average of $60.10 and a 200-day moving average of $59.08. The stock has a market cap of $43.56 billion, a PE 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.