Lee Johnson Capital Management LLC Acquires 20,319 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Lee Johnson Capital Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 299,711 shares of the company’s stock after acquiring an additional 20,319 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 8.9% of Lee Johnson Capital Management LLC’s holdings, making the stock its 2nd biggest position. Lee Johnson Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $16,898,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Renaissance Technologies LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 25.1% during the 2nd quarter. Renaissance Technologies LLC now owns 152,036 shares of the company’s stock worth $8,438,000 after buying an additional 30,536 shares during the period. Blair William & Co. IL raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 123.2% during the second quarter. Blair William & Co. IL now owns 44,998 shares of the company’s stock valued at $2,497,000 after acquiring an additional 24,834 shares during the period. AE Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.9% during the second quarter. AE Wealth Management LLC now owns 40,830 shares of the company’s stock valued at $2,266,000 after acquiring an additional 11,007 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 28,888 shares of the company’s stock valued at $1,603,000 after acquiring an additional 5,987 shares in the last quarter. Finally, Summit Trail Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $227,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.2 %

Shares of NASDAQ:JEPQ opened at $57.27 on Monday. The company’s fifty day moving average is $56.98 and its two-hundred day moving average is $55.07. The company has a market cap of $21.59 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 disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a $0.4558 dividend. The ex-dividend date was Tuesday, December 31st.

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.