JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Sold by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC trimmed its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 53.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,332 shares of the company’s stock after selling 9,448 shares during the period. Cherry Tree Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $510,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in JEPQ. WealthPlan Investment Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 26.2% in the third quarter. WealthPlan Investment Management LLC now owns 119,304 shares of the company’s stock valued at $7,309,000 after acquiring an additional 24,743 shares during the last quarter. Purus Wealth Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.2% during the third quarter. Purus Wealth Management LLC now owns 54,276 shares of the company’s stock worth $3,325,000 after acquiring an additional 1,660 shares during the last quarter. Orgel Wealth Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5.1% during the third quarter. Orgel Wealth Management LLC now owns 16,934 shares of the company’s stock worth $1,037,000 after acquiring an additional 821 shares during the last quarter. B.A. Schrock Wealth Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $3,332,000. Finally, Sloy Dahl & Holst LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.7% in the 3rd quarter. Sloy Dahl & Holst LLC now owns 54,447 shares of the company’s stock worth $3,335,000 after purchasing an additional 370 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.4%

Shares of NASDAQ JEPQ traded down $0.23 during midday trading on Thursday, hitting $59.87. The stock had a trading volume of 5,182,350 shares, compared to its average volume of 6,538,937. The company has a market capitalization of $43.73 billion, a price-to-earnings 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 company has a fifty day moving average price of $60.23 and a 200 day moving average price of $59.50.

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.