Sugarloaf Wealth Management LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sugarloaf Wealth Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, Holdings Channel reports. The fund purchased 1,463 shares of the company’s stock, valued at approximately $82,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $25,000. Hollencrest Capital Management purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after purchasing an additional 575 shares during the period. CENTRAL TRUST Co purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $48,000. Finally, Signaturefd LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 422.1% in the third quarter. Signaturefd LLC now owns 1,817 shares of the company’s stock valued at $100,000 after buying an additional 1,469 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $55.98 on Friday. The stock has a market capitalization of $20.68 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.21. The business’s fifty day moving average price is $56.90 and its 200-day moving average price is $55.04.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were given a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.