Sugarloaf Wealth Management LLC Acquires Shares of 1,463 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sugarloaf Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,463 shares of the company’s stock, valued at approximately $82,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPQ. HBW Advisory Services LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 17.8% during the 4th quarter. HBW Advisory Services LLC now owns 21,001 shares of the company’s stock worth $1,184,000 after purchasing an additional 3,175 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 688,923 shares of the company’s stock valued at $37,843,000 after buying an additional 3,999 shares during the last quarter. Hilltop Wealth Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.6% during the fourth quarter. Hilltop Wealth Advisors LLC now owns 418,188 shares of the company’s stock worth $23,577,000 after buying an additional 6,452 shares in the last quarter. Capital Market Strategies LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.9% in the 4th quarter. Capital Market Strategies LLC now owns 9,239 shares of the company’s stock valued at $521,000 after buying an additional 673 shares during the last quarter. Finally, Legacy Wealth Management LLC MS bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $453,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $55.98 on Friday. The company has a fifty day moving average price of $56.90 and a 200-day moving average price of $55.04. The firm has a market cap of $20.68 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were paid a $0.4558 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.