Cornerstone Wealth Management LLC Buys 2,708 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cornerstone Wealth Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 66.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,807 shares of the company’s stock after acquiring an additional 2,708 shares during the period. Cornerstone Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $384,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of JEPQ. International Assets Investment Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after acquiring an additional 3,029,552 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after purchasing an additional 1,028,135 shares during the last quarter. LPL Financial LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after purchasing an additional 837,415 shares during the last quarter. Cetera Investment Advisers raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 47.5% during the 2nd quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock worth $86,074,000 after purchasing an additional 499,083 shares during the last quarter. Finally, Marks Wealth LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% during the fourth quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock worth $29,316,000 after buying an additional 491,445 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $58.07 on Monday. The firm’s 50 day moving average price is $57.12 and its two-hundred day moving average price 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 PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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