Hennion & Walsh Asset Management Inc. Raises Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hennion & Walsh Asset Management Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 113,134 shares of the company’s stock after acquiring an additional 25,809 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,378,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JEPQ. Glen Eagle Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock worth $147,000 after acquiring an additional 188 shares in the last quarter. Fortis Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the fourth quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock valued at $405,000 after purchasing an additional 198 shares during the period. Lifestyle Asset Management Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the third quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock worth $3,195,000 after purchasing an additional 217 shares in the last quarter. Greenwich Wealth Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the third quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock valued at $1,288,000 after purchasing an additional 232 shares during the period. Finally, Townsquare Capital LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.1% during the 3rd quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock valued at $222,000 after purchasing an additional 232 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $57.05 on Thursday. The company’s fifty day moving average price is $56.96 and its two-hundred day moving average price is $55.05. The firm has a market capitalization of $21.47 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued a $0.4558 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.