Global Wealth Strategies & Associates Boosts Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Global Wealth Strategies & Associates increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1,768.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,012 shares of the company’s stock after buying an additional 13,262 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.2% of Global Wealth Strategies & Associates’ investment portfolio, making the stock its 27th largest holding. Global Wealth Strategies & Associates’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $790,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in 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 purchasing an additional 3,029,552 shares during the period. JPMorgan Chase & Co. grew its position 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 buying an additional 1,028,135 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after acquiring an additional 1,017,261 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% in the second quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock worth $518,000 after acquiring an additional 922,558 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 47.5% during the 2nd quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock worth $86,074,000 after acquiring an additional 499,083 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ traded down $0.34 during midday trading on Thursday, reaching $56.04. The stock had a trading volume of 3,803,548 shares, compared to its average volume of 3,009,577. The company has a market cap of $18.08 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company’s fifty day simple moving average is $56.68 and its two-hundred day simple moving average is $54.96. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.4558 per share. The ex-dividend date of this dividend is 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.