Purus Wealth Management LLC Grows Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Purus Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 44.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,728 shares of the company’s stock after acquiring an additional 16,013 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.2% of Purus Wealth Management LLC’s holdings, making the stock its 21st biggest holding. Purus Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,916,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cornerstone Wealth Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $225,000. GAMMA Investing LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% in the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock worth $722,000 after buying an additional 4,895 shares during the last quarter. Creative Planning raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.4% during the 3rd quarter. Creative Planning now owns 23,608 shares of the company’s stock valued at $1,297,000 after buying an additional 2,966 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 781.5% in the 3rd quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock valued at $20,844,000 after acquiring an additional 335,448 shares during the last quarter. Finally, Granite Bay Wealth Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $2,144,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $57.27 on Monday. The stock has a market capitalization of $21.59 billion, a P/E 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 $58.21. The business’s 50 day moving average is $56.98 and its two-hundred day moving average is $55.07.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.