JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) is MADDEN SECURITIES Corp’s Largest Position

MADDEN SECURITIES Corp increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 330,869 shares of the company’s stock after purchasing an additional 25,463 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up 7.5% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its largest holding. MADDEN SECURITIES Corp owned about 0.09% of JPMorgan Nasdaq Equity Premium Income ETF worth $18,654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of JEPQ. Cornerstone Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $225,000. GAMMA Investing LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 61.9% during the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock worth $722,000 after purchasing an additional 4,895 shares in the last quarter. Iron Horse Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after purchasing an additional 200 shares during the period. Creative Planning lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.4% in the third quarter. Creative Planning now owns 23,608 shares of the company’s stock valued at $1,297,000 after purchasing an additional 2,966 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 781.5% in the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock worth $20,844,000 after buying an additional 335,448 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9 %

NASDAQ:JEPQ opened at $57.71 on Tuesday. The business’s fifty day moving average price is $57.26 and its 200 day moving average price is $55.30. The firm has a market capitalization of $22.72 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.31.

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 issued a $0.4502 dividend. The ex-dividend date was Monday, February 3rd.

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.