Park Avenue Securities LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Park Avenue Securities LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 181,768 shares of the company’s stock, valued at approximately $11,135,000.

Several other large investors have also recently bought and sold shares of JEPQ. Bank of America Corp DE raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8.9% in the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock valued at $770,489,000 after buying an additional 1,132,270 shares in the last quarter. Adams Asset Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 56.6% during the 3rd quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock worth $135,097,000 after buying an additional 797,239 shares during the last quarter. Royal Bank of Canada boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after acquiring an additional 517,693 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock worth $266,550,000 after acquiring an additional 327,859 shares in the last quarter. Finally, PVG Asset Management Corp boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 444.9% during the 1st quarter. PVG Asset Management Corp now owns 280,457 shares of the company’s stock worth $17,158,000 after acquiring an additional 228,985 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $59.70 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The company has a market cap of $44.09 billion, a P/E ratio of 32.17 and a beta of 0.82. The business’s 50-day simple moving average is $60.10 and its 200-day simple moving average is $59.08.

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