Tandem Financial LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Tandem Financial LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,821 shares of the company’s stock, valued at approximately $729,000. JPMorgan Nasdaq Equity Premium Income ETF comprises about 0.8% of Tandem Financial LLC’s holdings, making the stock its 27th biggest holding.

Several other large investors have also bought and sold shares of the stock. International Assets Investment Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after buying an additional 3,029,552 shares during the last quarter. JPMorgan Chase & Co. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after acquiring an additional 1,028,135 shares during the period. Strategic Financial Concepts LLC boosted its stake 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 during the last quarter. LPL Financial LLC grew its position 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 acquiring an additional 837,415 shares during the period. Finally, Marks Wealth LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,722.7% during the 4th quarter. Marks Wealth LLC now owns 519,973 shares of the company’s stock worth $29,316,000 after purchasing an additional 491,445 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4 %

NASDAQ:JEPQ opened at $57.59 on Friday. The firm’s 50 day moving average is $57.24 and its 200 day moving average is $55.25. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.31. The stock has a market capitalization of $22.67 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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