Newbridge Financial Services Group Inc. Has $5.78 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Newbridge Financial Services Group Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 15.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 102,479 shares of the company’s stock after buying an additional 13,944 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 1.5% of Newbridge Financial Services Group Inc.’s holdings, making the stock its 16th largest holding. Newbridge Financial Services Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,778,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Wealth Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $225,000. GAMMA Investing LLC increased its stake in shares of 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 acquiring an additional 4,895 shares during the last quarter. Iron Horse Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock worth $53,000 after acquiring an additional 200 shares during the last quarter. Creative Planning increased its stake in 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 purchasing an additional 2,966 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in 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 worth $20,844,000 after purchasing an additional 335,448 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.7 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.17 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.31. The company has a market capitalization of $22.51 billion, a PE ratio of 32.10 and a beta of -0.84. The stock’s fifty day simple moving average is $57.26 and its 200 day simple moving average is $55.28.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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