Chung Wu Investment Group LLC Takes $2.30 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Chung Wu Investment Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 40,866 shares of the company’s stock, valued at approximately $2,304,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 2.3% of Chung Wu Investment Group LLC’s investment portfolio, making the stock its 10th biggest position.

A number of other large investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% in the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock worth $722,000 after buying an additional 4,895 shares during the last quarter. Iron Horse Wealth Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after purchasing an additional 200 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock valued at $630,000 after purchasing an additional 3,000 shares during the last quarter. Franklin Resources Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 781.5% during the 3rd quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock valued at $20,844,000 after purchasing an additional 335,448 shares during the last quarter. Finally, Claro Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $329,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2 %

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.83 on Thursday. The business’s 50 day simple moving average is $57.04 and its 200 day simple moving average is $55.90. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The company has a market cap of $21.59 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.4824 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

JPMorgan Nasdaq Equity Premium Income ETF 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.