Avaii Wealth Management LLC Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Avaii Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,225 shares of the company’s stock after acquiring an additional 2,717 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises about 0.5% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position. Avaii Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,028,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in JEPQ. Salomon & Ludwin LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. Pinnacle Bancorp Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $33,000. Sugar Maple Asset Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $41,000. Finally, Pin Oak Investment Advisors Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after acquiring an additional 575 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.3 %

Shares of JEPQ stock opened at $58.07 on Friday. The company’s fifty day simple moving average is $57.12 and its two-hundred day simple moving average is $55.14. 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 market cap of $22.27 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 Friday, January 3rd. Investors of record on Tuesday, December 31st were given a $0.4558 dividend. The ex-dividend date was Tuesday, December 31st.

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.