JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Position Lowered by Members Advisory Group LLC

Members Advisory Group LLC trimmed its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 93.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,147 shares of the company’s stock after selling 133,660 shares during the period. Members Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $562,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $33,000. Cerity Partners LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% in the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after acquiring an additional 20,946 shares in the last quarter. Diversify Advisory Services LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock worth $370,000 after acquiring an additional 2,045 shares during the period. Diversify Wealth Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock worth $1,025,000 after acquiring an additional 2,566 shares during the period. Finally, Quantinno Capital Management LP purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $59.87 on Friday. The company has a 50 day simple moving average of $59.48 and a 200-day simple moving average of $58.84. The firm has a market capitalization of $40.96 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72.

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.