James Reed Financial Services Inc. Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

James Reed Financial Services Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 395,989 shares of the company’s stock, valued at approximately $22,326,000. JPMorgan Nasdaq Equity Premium Income ETF makes up about 23.3% of James Reed Financial Services Inc.’s portfolio, making the stock its 3rd largest holding. James Reed Financial Services Inc. owned about 0.10% of JPMorgan Nasdaq Equity Premium Income ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Crewe Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $31,000. Kestra Investment Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $33,000. Hollencrest Capital Management purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $33,000. Finally, Venturi Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after buying an additional 177 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.9 %

JEPQ stock opened at $54.38 on Tuesday. The company has a market cap of $21.41 billion, a P/E ratio of 33.40 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54. The company’s 50-day moving average price is $57.19 and its 200 day moving average price is $55.91.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a dividend of $0.4824 per share. The ex-dividend date of this dividend is 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.