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

Spire Wealth Management acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 57,653 shares of the company’s stock, valued at approximately $3,250,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $25,000. Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $31,000. Hollencrest Capital Management purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $33,000. Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $41,000. Finally, Pin Oak Investment Advisors Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after acquiring an additional 575 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1 %

JEPQ opened at $57.47 on Monday. The business’s fifty day simple moving average is $57.23 and its 200 day simple moving average is $55.19. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.31. The firm has a market cap of $22.55 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were given a $0.4558 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.