Southern Capital Services Inc. ADV purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 184,451 shares of the company’s stock, valued at approximately $10,720,000. JPMorgan Nasdaq Equity Premium Income ETF comprises 6.8% of Southern Capital Services Inc. ADV’s portfolio, making the stock its 5th biggest holding.
Several other hedge funds have also made changes to their positions in JEPQ. Bank of America Corp DE grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after purchasing an additional 1,533,280 shares in the last quarter. Morgan Stanley lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the fourth quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after purchasing an additional 1,408,923 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% in the fourth quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock valued at $111,739,000 after purchasing an additional 1,231,809 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after buying an additional 748,170 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after buying an additional 589,696 shares in the last quarter.
JPMorgan Nasdaq Equity Premium Income ETF Stock Performance
NASDAQ:JEPQ opened at $61.34 on Friday. The firm has a market capitalization of $38.79 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $52.56 and a 1-year high of $61.51. The business’s fifty day moving average price is $59.60 and its 200 day moving average price is $58.51.
JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend
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.
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