Key Client Fiduciary Advisors LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Key Client Fiduciary Advisors LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 5,389 shares of the company’s stock, valued at approximately $304,000.

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

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

Shares of NASDAQ:JEPQ opened at $58.24 on Friday. The firm has a fifty day moving average of $57.04 and a two-hundred day moving average of $55.11. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.24. The firm has a market capitalization of $21.96 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. Shareholders of record on Tuesday, December 31st were paid a $0.4558 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.