JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Boosted by McAdam LLC

McAdam LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 30.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,714 shares of the company’s stock after purchasing an additional 1,817 shares during the quarter. McAdam LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after buying an additional 3,029,552 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the third 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 in the last quarter. LPL Financial LLC boosted its position in 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 during the last quarter. Marks Wealth LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% in the 4th quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock worth $29,316,000 after purchasing an additional 491,445 shares during the last quarter. Finally, American Trust purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $26,134,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $57.47 on Monday. The business has a 50 day simple moving average of $57.23 and a 200 day simple moving average of $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 stock has a market cap of $22.55 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid 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.