Apexium Financial LP Has $3.20 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Apexium Financial LP lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 330.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,457 shares of the company’s stock after purchasing an additional 43,340 shares during the quarter. Apexium Financial LP’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,201,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Cornerstone Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $225,000. GAMMA Investing LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 61.9% in the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock valued at $722,000 after buying an additional 4,895 shares during the last quarter. Creative Planning boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.4% during the 3rd quarter. Creative Planning now owns 23,608 shares of the company’s stock worth $1,297,000 after buying an additional 2,966 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 781.5% during the 3rd quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock worth $20,844,000 after buying an additional 335,448 shares during the last quarter. Finally, Granite Bay Wealth Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $2,144,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $58.07 on Monday. The business’s 50-day simple moving average is $57.12 and its 200 day simple moving average is $55.14. The firm has a market capitalization of $22.27 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were given a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.