Investment Partners Asset Management Inc. Takes $3.16 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Investment Partners Asset Management Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 54,324 shares of the company’s stock, valued at approximately $3,157,000. JPMorgan Nasdaq Equity Premium Income ETF comprises about 2.0% of Investment Partners Asset Management Inc.’s investment portfolio, making the stock its 9th largest holding.

A number of other large investors also recently added to or reduced their stakes in JEPQ. Russell Investments Group Ltd. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at about $33,000. Choreo LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 2nd quarter. Choreo LLC now owns 9,974 shares of the company’s stock valued at $543,000 after acquiring an additional 1,039 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $4,939,000. Scotia Capital Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 39.0% during the 2nd quarter. Scotia Capital Inc. now owns 25,946 shares of the company’s stock valued at $1,411,000 after acquiring an additional 7,278 shares during the period. Finally, Lido Advisors LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 23.9% during the 2nd quarter. Lido Advisors LLC now owns 34,588 shares of the company’s stock worth $1,882,000 after acquiring an additional 6,669 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.52 on Wednesday. The business’s 50 day simple moving average is $57.60 and its two-hundred day simple moving average is $57.92. The stock has a market capitalization of $32.04 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $60.14.

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.