Kestra Investment Management LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kestra Investment Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 592 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds and other institutional investors have also made changes to their positions in JEPQ. International Assets Investment Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after buying an additional 3,029,552 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after buying an additional 1,028,135 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after buying an additional 991,227 shares during the period. LPL Financial LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after buying an additional 837,415 shares during the period. Finally, Marks Wealth LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% in the 4th quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock valued at $29,316,000 after buying an additional 491,445 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $57.55 on Friday. The stock has a 50-day simple moving average of $57.37 and a 200-day simple moving average of $55.66. The stock has a market capitalization of $22.66 billion, a PE ratio of 32.10 and a beta of -0.84. 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 firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.4502 per share. The ex-dividend date was Monday, February 3rd.

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.