Smallwood Wealth Investment Management LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Smallwood Wealth Investment Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 8,956 shares of the company’s stock, valued at approximately $505,000.

Several other institutional investors have also recently made changes to their positions in JEPQ. Thrivent Financial for Lutherans raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 26.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 28,888 shares of the company’s stock worth $1,603,000 after purchasing an additional 5,987 shares during the period. Bank of Montreal Can increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the second quarter. Bank of Montreal Can now owns 9,986 shares of the company’s stock worth $555,000 after buying an additional 702 shares in the last quarter. Delta Investment Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.3% in the second quarter. Delta Investment Management LLC now owns 397,408 shares of the company’s stock worth $22,056,000 after buying an additional 1,189 shares during the period. Daymark Wealth Partners LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.8% during the 2nd quarter. Daymark Wealth Partners LLC now owns 27,335 shares of the company’s stock valued at $1,517,000 after buying an additional 13,084 shares in the last quarter. Finally, Susquehanna International Group LLP grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 659.1% during the 2nd quarter. Susquehanna International Group LLP now owns 358,896 shares of the company’s stock valued at $19,919,000 after acquiring an additional 311,619 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $58.24 on Friday. The stock has a market cap of $21.96 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.24. The firm has a fifty day moving average price of $57.04 and a 200-day moving average price of $55.11.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared 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 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.