Westend Capital Management LLC Has $828,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Westend Capital Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,681 shares of the company’s stock after buying an additional 3,822 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for 0.2% of Westend Capital Management LLC’s portfolio, making the stock its 27th largest position. Westend Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $828,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Renaissance Technologies LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.1% in the 2nd quarter. Renaissance Technologies LLC now owns 152,036 shares of the company’s stock valued at $8,438,000 after acquiring an additional 30,536 shares in the last quarter. Moors & Cabot Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 26.4% during the 2nd quarter. Moors & Cabot Inc. now owns 8,730 shares of the company’s stock worth $485,000 after acquiring an additional 1,823 shares during the period. Blair William & Co. IL grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 123.2% during the 2nd quarter. Blair William & Co. IL now owns 44,998 shares of the company’s stock valued at $2,497,000 after acquiring an additional 24,834 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.2% in the 2nd quarter. Benjamin Edwards Inc. now owns 34,516 shares of the company’s stock valued at $1,916,000 after purchasing an additional 421 shares during the period. Finally, Etfidea LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.3% in the 2nd quarter. Etfidea LLC now owns 23,587 shares of the company’s stock valued at $1,309,000 after buying an additional 745 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2 %

Shares of NASDAQ:JEPQ opened at $57.27 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.21. The business has a fifty day simple moving average of $56.98 and a 200 day simple moving average of $55.07. The firm has a market cap of $21.56 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued 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.