WealthShield Partners LLC Has $480,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

WealthShield Partners LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.5% in the 4th quarter, HoldingsChannel reports. The fund owned 8,444 shares of the company’s stock after buying an additional 734 shares during the quarter. WealthShield Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $480,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. 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. Crewe Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in 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. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $31,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $33,000. Finally, Kestra Investment Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $57.01 on Tuesday. The company has a 50 day moving average of $57.37 and a 200-day moving average of $55.74. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.54. The stock has a market cap of $22.44 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 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 Company 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.