GAMMA Investing LLC Has $722,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

GAMMA Investing LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 61.9% during the fourth quarter, HoldingsChannel reports. The firm owned 12,800 shares of the company’s stock after acquiring an additional 4,895 shares during the quarter. GAMMA Investing LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $722,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Salomon & Ludwin LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $25,000. Hollencrest Capital Management bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $33,000. Pin Oak Investment Advisors Inc. boosted its stake in shares of 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 purchasing an additional 575 shares in the last quarter. CENTRAL TRUST Co bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at approximately $48,000. Finally, Signaturefd LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 422.1% during the 3rd quarter. Signaturefd LLC now owns 1,817 shares of the company’s stock worth $100,000 after purchasing an additional 1,469 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.08 on Friday. The company’s 50 day moving average price is $56.73 and its two-hundred day moving average price is $54.98. The firm has a market capitalization of $21.01 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.