Good Life Advisors LLC Has $3.33 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Good Life Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 16.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 59,062 shares of the company’s stock after purchasing an additional 8,371 shares during the period. Good Life Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,330,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $25,000. Crewe Advisors LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares during the period. Pinnacle Bancorp Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $31,000. Kestra Investment Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $33,000. Finally, Hollencrest Capital Management bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

Shares of JEPQ stock opened at $58.38 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.47. The firm’s fifty day simple moving average is $57.33 and its 200 day simple moving average is $55.51. The firm has a market capitalization of $22.98 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.4502 per share. The ex-dividend date was Monday, February 3rd.

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.