Pure Financial Advisors LLC Buys New Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Pure Financial Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 8,395 shares of the company’s stock, valued at approximately $473,000.

Several other hedge funds have also added to or reduced their stakes in JEPQ. International Assets Investment Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after acquiring an additional 3,029,552 shares during the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after purchasing an additional 1,028,135 shares during the last quarter. LPL Financial LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after purchasing an additional 837,415 shares during the period. Cetera Investment Advisers grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 47.5% in the second 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, American Trust purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $26,134,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.5 %

Shares of JEPQ opened at $57.56 on Wednesday. The stock has a market capitalization of $21.70 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.21. The firm has a fifty day simple moving average of $56.99 and a two-hundred day simple moving average of $55.08.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Investors 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 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.