Valmark Advisers Inc. Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Valmark Advisers Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 56,141 shares of the company’s stock, valued at approximately $3,439,000.

Other hedge funds also recently added to or reduced their stakes in the company. Vaquero Private Wealth Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $25,000. Valley Wealth Managers Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $26,000. Richardson Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $27,000. Pathway Financial Advisers LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $32,000. Finally, Main Street Group LTD bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at about $37,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.0%

JPMorgan Nasdaq Equity Premium Income ETF stock traded down $0.59 during midday trading on Friday, hitting $56.19. The stock had a trading volume of 5,358,900 shares, compared to its average volume of 6,697,923. The business has a fifty day moving average price of $59.30 and a 200 day moving average price of $58.93. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The stock has a market cap of $42.09 billion, a P/E ratio of 25.45 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.