Latitude Advisors LLC Takes $333,000 Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Latitude Advisors LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,910 shares of the company’s stock, valued at approximately $333,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $25,000. Crewe Advisors LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after buying an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $31,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $33,000. Finally, Sugar Maple Asset Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $41,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $57.71 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.31. The stock has a 50 day moving average price of $57.26 and a two-hundred day moving average price of $55.30. The firm has a market capitalization of $22.72 billion, a P/E ratio of 32.10 and a beta of -0.84.

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 paid a $0.4502 dividend. The ex-dividend date of this dividend 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.