Sunpointe LLC Buys 19,243 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sunpointe LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 87.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,271 shares of the company’s stock after buying an additional 19,243 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 1.2% of Sunpointe LLC’s portfolio, making the stock its 21st biggest position. Sunpointe LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Corps Capital Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $261,000. Fagan Associates Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 31.2% during the fourth quarter. Fagan Associates Inc. now owns 115,172 shares of the company’s stock worth $6,493,000 after acquiring an additional 27,411 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in the fourth quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after acquiring an additional 811,640 shares in the last quarter. Good Life Advisors LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.5% during the 4th quarter. Good Life Advisors LLC now owns 59,062 shares of the company’s stock valued at $3,330,000 after purchasing an additional 8,371 shares in the last quarter. Finally, Flagstar Advisors Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.5% in the 4th quarter. Flagstar Advisors Inc. now owns 44,395 shares of the company’s stock valued at $2,523,000 after purchasing an additional 11,152 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $58.51 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.53. The business has a 50 day simple moving average of $57.37 and a 200 day simple moving average of $55.59. The stock has a market cap of $23.04 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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