Sage Financial Group Inc. Acquires New Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Sage Financial Group Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,058 shares of the company’s stock, valued at approximately $555,000.

Other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after buying an additional 1,132,270 shares in the last quarter. Royal Bank of Canada raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after acquiring an additional 517,693 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock valued at $266,550,000 after acquiring an additional 327,859 shares in the last quarter. Cetera Investment Advisers boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.2% during the 1st quarter. Cetera Investment Advisers now owns 3,035,644 shares of the company’s stock valued at $168,539,000 after acquiring an additional 204,154 shares during the last quarter. Finally, Adams Asset Advisors LLC boosted its stake 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 valued at $135,097,000 after acquiring an additional 797,239 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $59.70 on Wednesday. The firm has a market cap of $44.09 billion, a P/E ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72. The firm has a fifty day moving average of $60.10 and a two-hundred day moving average of $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.