M Holdings Securities Inc. Makes New $2.78 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

M Holdings Securities Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 47,834 shares of the company’s stock, valued at approximately $2,780,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Logan Capital Management Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $27,000. Hantz Financial Services Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after buying an additional 351 shares during the period. Navalign LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $33,000. Russell Investments Group Ltd. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $33,000. Finally, Archer Investment Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $57.99 on Thursday. The stock’s fifty day moving average is $58.94 and its 200 day moving average is $58.38. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $52.49 and a fifty-two week high of $61.17. The firm has a market capitalization of $36.68 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 1st.

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.