MBA Advisors LLC Has $1.60 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

MBA Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,356 shares of the company’s stock after purchasing an additional 1,415 shares during the period. MBA Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,599,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of JEPQ. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $25,000. Crewe Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $31,000. Hollencrest Capital Management acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $33,000. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $41,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $57.17 on Monday. The stock has a market cap of $22.51 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company has a 50 day simple moving average of $57.26 and a 200 day simple moving average of $55.28. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.31.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders 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 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.