Beacon Financial Advisory LLC Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Beacon Financial Advisory LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 172,945 shares of the company’s stock after buying an additional 13,585 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 3.2% of Beacon Financial Advisory LLC’s holdings, making the stock its 4th biggest holding. Beacon Financial Advisory LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,751,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Glen Eagle Advisors LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the third quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after purchasing an additional 188 shares in the last quarter. Fortis Advisors LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock valued at $405,000 after buying an additional 198 shares during the last quarter. Mayflower Financial Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.2% during the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock worth $282,000 after buying an additional 200 shares during the period. Round Rock Advisors LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.4% in the 4th quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock valued at $808,000 after acquiring an additional 200 shares during the period. Finally, Lifestyle Asset Management Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 3rd quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock valued at $3,195,000 after acquiring an additional 217 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $57.36 on Thursday. The business has a 50-day moving average of $57.23 and a 200-day moving average of $55.23. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.31. The company has a market capitalization of $22.58 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.4502 per share. The ex-dividend date of this dividend was Monday, February 3rd.

About JPMorgan Nasdaq Equity Premium Income ETF

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.