JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Position Raised by Smallwood Wealth Investment Management LLC

Smallwood Wealth Investment Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 38.4% during the third quarter, according to its most recent filing with the SEC. The fund owned 56,265 shares of the company’s stock after buying an additional 15,621 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.5% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 15th largest holding. Smallwood Wealth Investment Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,447,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Rakuten Investment Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $211,567,000. Bank of America Corp DE increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the 1st quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after purchasing an additional 1,132,270 shares during the last quarter. Adams Asset Advisors LLC increased its stake in shares of 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 purchasing an additional 797,239 shares during the last quarter. Royal Bank of Canada increased its stake 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 purchasing an additional 517,693 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock worth $266,550,000 after purchasing an additional 327,859 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.11 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The business’s 50 day simple moving average is $59.87 and its 200 day simple moving average is $59.04. The company has a market cap of $42.16 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

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