Lido Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) by 95.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 80,298 shares of the company’s stock after buying an additional 39,143 shares during the period. Lido Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,919,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Rakuten Investment Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $211,567,000. Commonwealth Equity Services LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $184,782,000. Bank of America Corp DE grew 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 acquiring an additional 1,132,270 shares during the period. Adams Asset Advisors LLC raised 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 acquiring an additional 797,239 shares in the last quarter. Finally, Royal Bank of Canada raised its position 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 worth $255,748,000 after acquiring an additional 517,693 shares in the last quarter.
JPMorgan Nasdaq Equity Premium Income ETF Price Performance
Shares of NASDAQ:JEPQ opened at $56.78 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 business’s 50-day moving average is $59.37 and its 200-day moving average is $58.94. The company has a market capitalization of $42.53 billion, a price-to-earnings ratio of 25.45 and a beta of 0.83.
JPMorgan Nasdaq Equity Premium Income ETF 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.
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