Parsons Capital Management Inc. RI Has $724,000 Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Parsons Capital Management Inc. RI raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.1% during the fourth quarter, Holdings Channel reports. The firm owned 12,838 shares of the company’s stock after buying an additional 1,588 shares during the period. Parsons Capital Management Inc. RI’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $724,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $25,000. Pinnacle Bancorp Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $31,000. Hollencrest Capital Management acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $33,000. Sugar Maple Asset Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $41,000. Finally, Pin Oak Investment Advisors Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after purchasing an additional 575 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.2 %

Shares of JEPQ stock opened at $57.52 on Wednesday. The company has a market capitalization of $22.24 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.31. The firm has a 50-day moving average price of $57.14 and a 200 day moving average price of $55.14.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were given 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.