Milestone Asset Management LLC reduced its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) by 19.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 101,946 shares of the company’s stock after selling 25,373 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.0% of Milestone Asset Management LLC’s portfolio, making the stock its 26th largest holding. Milestone Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,245,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the 1st quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock valued at $770,489,000 after acquiring an additional 1,132,270 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock worth $266,550,000 after acquiring an additional 327,859 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after acquiring an additional 517,693 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% in the 1st quarter. Cetera Investment Advisers now owns 3,035,644 shares of the company’s stock worth $168,539,000 after acquiring an additional 204,154 shares during the period. Finally, Adams Asset Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 56.6% in the 3rd quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock worth $135,097,000 after acquiring an additional 797,239 shares during the period.
JPMorgan Nasdaq Equity Premium Income ETF Price Performance
NASDAQ JEPQ opened at $60.10 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72. The company has a market capitalization of $44.02 billion, a P/E ratio of 32.17 and a beta of 0.82. The business has a 50 day moving average price of $60.25 and a 200 day moving average price of $59.54.
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. 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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