Tradition Wealth Management LLC Has $4.03 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Tradition Wealth Management LLC trimmed its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 47.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,263 shares of the company’s stock after selling 62,315 shares during the period. Tradition Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,026,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPQ. Bank of America Corp DE grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after acquiring an additional 1,533,280 shares during the period. Ameriprise Financial Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after buying an additional 748,170 shares during the period. SageGuard Financial Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $21,290,000. Aventura Private Wealth LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $17,608,000. Finally, Tcfg Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,848.2% during the third quarter. Tcfg Wealth Management LLC now owns 313,666 shares of the company’s stock worth $18,042,000 after buying an additional 297,566 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $58.90 on Friday. The stock has a market capitalization of $37.25 billion, a P/E ratio of 32.17 and a beta of 0.82. The business has a 50-day moving average of $58.66 and a 200-day moving average of $58.32. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $52.49 and a fifty-two week high of $61.17.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 1st.

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.