Smartleaf Asset Management LLC Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Smartleaf Asset Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 121.5% during the fourth quarter, HoldingsChannel reports. The firm owned 32,826 shares of the company’s stock after acquiring an additional 18,009 shares during the period. Smartleaf Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,879,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Crewe Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after buying an additional 309 shares during the last quarter. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $31,000. Hollencrest Capital Management purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $33,000. Kestra Investment Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $33,000. Finally, Venturi Wealth Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after purchasing an additional 177 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.5 %

NASDAQ JEPQ opened at $55.98 on Friday. The firm has a market cap of $22.04 billion, a P/E ratio of 33.40 and a beta of -0.84. The company’s 50 day moving average is $57.26 and its 200-day moving average is $55.87. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.4502 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.