9,411 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by James Reed Financial Services Inc.

James Reed Financial Services Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.2% during the 3rd quarter, Holdings Channel reports. The fund owned 433,531 shares of the company’s stock after buying an additional 9,411 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 20.1% of James Reed Financial Services Inc.’s portfolio, making the stock its 3rd largest holding. James Reed Financial Services Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $26,558,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPQ. IVC Wealth Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.3% in the third quarter. IVC Wealth Advisors LLC now owns 156,586 shares of the company’s stock valued at $9,592,000 after purchasing an additional 4,929 shares during the period. Apollon Wealth Management LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.1% during the third quarter. Apollon Wealth Management LLC now owns 806,392 shares of the company’s stock worth $49,400,000 after purchasing an additional 80,593 shares during the last quarter. Kingswood Wealth Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.7% during the third quarter. Kingswood Wealth Advisors LLC now owns 244,084 shares of the company’s stock worth $14,953,000 after purchasing an additional 1,756 shares during the period. ADG Wealth Management Group LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.3% during the third quarter. ADG Wealth Management Group LLC now owns 166,620 shares of the company’s stock worth $10,207,000 after purchasing an additional 3,721 shares during the period. Finally, Sigma Planning Corp acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $5,468,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $59.02 on Tuesday. The company’s 50-day moving average is $60.15 and its two-hundred day moving average is $59.07. 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 market capitalization of $43.59 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

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.