HBW Advisory Services LLC Increases Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

HBW Advisory Services LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 21,001 shares of the company’s stock after buying an additional 3,175 shares during the period. HBW Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,184,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after acquiring an additional 1,028,135 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after purchasing an additional 837,415 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after buying an additional 3,029,552 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after buying an additional 174,473 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock worth $124,476,000 after buying an additional 105,765 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $55.98 on Friday. The company’s 50-day simple moving average is $56.90 and its two-hundred day simple moving average is $55.04. The stock has a market capitalization of $20.68 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors 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.

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.