World Equity Group Inc. Makes New $1.08 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

World Equity Group Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 19,152 shares of the company’s stock, valued at approximately $1,080,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after acquiring an additional 1,028,135 shares during the period. LPL Financial LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after acquiring an additional 837,415 shares during the period. International Assets Investment Management LLC boosted its position in shares of 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 acquiring an additional 3,029,552 shares during the period. Private Advisor Group LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in the fourth quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock valued at $105,827,000 after acquiring an additional 811,640 shares during the period. Finally, Hilton Capital Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.0% in the third quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock valued at $57,624,000 after acquiring an additional 128,831 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.5 %

JEPQ stock opened at $57.55 on Friday. The firm has a 50 day moving average of $57.37 and a 200-day moving average of $55.66. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The firm has a market capitalization of $22.66 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.4502 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.