New Wave Wealth Advisors LLC lowered its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Free Report) by 88.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 21,839 shares of the company’s stock after selling 169,395 shares during the period. New Wave Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,330,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Herold Advisors Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.5% during the 3rd quarter. Herold Advisors Inc. now owns 49,865 shares of the company’s stock valued at $3,055,000 after acquiring an additional 2,137 shares during the last quarter. Independent Wealth Network Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 121.0% in the 3rd quarter. Independent Wealth Network Inc. now owns 26,994 shares of the company’s stock valued at $1,654,000 after purchasing an additional 14,777 shares during the last quarter. Optivise Advisory Services LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.0% in the 3rd quarter. Optivise Advisory Services LLC now owns 6,288 shares of the company’s stock valued at $385,000 after purchasing an additional 239 shares during the last quarter. Grant Private Wealth Management Inc grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.2% in the 3rd quarter. Grant Private Wealth Management Inc now owns 17,306 shares of the company’s stock valued at $1,060,000 after purchasing an additional 198 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.3% in the third quarter. Onyx Bridge Wealth Group LLC now owns 83,232 shares of the company’s stock valued at $5,099,000 after purchasing an additional 2,665 shares during the period.
JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2%
Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.73 during trading hours on Monday, hitting $59.55. 3,720,675 shares of the company were exchanged, compared to its average volume of 6,550,527. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72. The business has a 50-day moving average of $60.23 and a 200-day moving average of $59.57. The stock has a market capitalization of $43.58 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.
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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