Retirement Planning Group LLC Makes New $2.15 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Retirement Planning Group 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 SEC. The institutional investor bought 35,162 shares of the company’s stock, valued at approximately $2,154,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of JEPQ. Bank of America Corp DE lifted its holdings in shares of 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 purchasing an additional 1,132,270 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock worth $266,550,000 after buying an additional 327,859 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after buying an additional 517,693 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% during the first quarter. Cetera Investment Advisers now owns 3,035,644 shares of the company’s stock worth $168,539,000 after buying an additional 204,154 shares in the last quarter. Finally, Adams Asset Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 56.6% in the 3rd quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock valued at $135,097,000 after buying an additional 797,239 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.44 on Wednesday. The firm has a market cap of $43.51 billion, a PE ratio of 32.17 and a beta of 0.82. The business’s 50 day simple moving average is $60.22 and its 200 day simple moving average is $59.63. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72.

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.