Waverly Advisors LLC Sells 62,821 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Waverly Advisors LLC decreased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 360,324 shares of the company’s stock after selling 62,821 shares during the quarter. Waverly Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $22,146,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JEPQ. Logan Capital Management Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $27,000. Sankala Group LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Navalign LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $33,000. IFC & Insurance Marketing Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $35,000. Finally, Russell Investments Group Ltd. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $59.85 on Wednesday. The stock has a market cap of $40.95 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The firm has a fifty day moving average price of $59.43 and a 200-day moving average price of $58.88.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.