63,350 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Purchased by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, Holdings Channel.com reports. The firm acquired 63,350 shares of the company’s stock, valued at approximately $3,881,000. JPMorgan Nasdaq Equity Premium Income ETF makes up about 3.3% of Fortress Financial Solutions LLC’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds have also made changes to their positions in JEPQ. Valley Wealth Managers Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $26,000. Sankala Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $28,000. Main Street Group LTD acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $37,000. Downshift Financial LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $42,000. Finally, Dynamic Wealth Strategies LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $54,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.4%

Shares of JEPQ stock traded down $0.83 during mid-day trading on Wednesday, reaching $60.09. The stock had a trading volume of 6,240,067 shares, compared to its average volume of 6,546,138. The firm’s 50 day simple moving average is $60.22 and its 200 day simple moving average is $59.46. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The firm has a market cap of $43.89 billion, a PE ratio of 32.17 and a beta of 0.82.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.