Motiv8 Investments LLC Acquires New Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,592 shares of the company’s stock, valued at approximately $597,000.

A number of other large investors also recently bought and sold shares of JEPQ. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after acquiring an additional 1,028,135 shares during the period. LPL Financial LLC raised its holdings in shares of 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 valued at $442,425,000 after buying an additional 837,415 shares during the period. Private Advisor Group LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 76.2% during the 4th quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after acquiring an additional 811,640 shares in the last quarter. Hilton Capital Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 14.0% in the third quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock valued at $57,624,000 after acquiring an additional 128,831 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after acquiring an additional 991,227 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

NASDAQ JEPQ opened at $56.55 on Thursday. The stock has a market cap of $22.26 billion, a P/E ratio of 33.40 and a beta of -0.84. The company’s fifty day simple moving average is $57.31 and its 200-day simple moving average is $55.82. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid 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.