Concurrent Investment Advisors LLC Raises Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Concurrent Investment Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 83.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,205 shares of the company’s stock after purchasing an additional 10,577 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,308,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 61.9% during the fourth quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock worth $722,000 after purchasing an additional 4,895 shares in the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after acquiring an additional 200 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock valued at $630,000 after acquiring an additional 3,000 shares in the last quarter. Creative Planning lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.4% in the third quarter. Creative Planning now owns 23,608 shares of the company’s stock valued at $1,297,000 after acquiring an additional 2,966 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 781.5% in the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock valued at $20,844,000 after acquiring an additional 335,448 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $57.55 on Friday. The company has a market cap of $22.66 billion, a PE ratio of 32.10 and a beta of -0.84. The stock’s 50 day simple moving average is $57.37 and its 200-day simple moving average is $55.66. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.4502 dividend. The ex-dividend date was Monday, February 3rd.

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.