Traynor Capital Management Inc. Buys New Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Traynor Capital Management Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 7,995 shares of the company’s stock, valued at approximately $451,000.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPQ. Salomon & Ludwin LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $25,000. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $31,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $33,000. Sugar Maple Asset Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $41,000. Finally, Pin Oak Investment Advisors Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after buying an additional 575 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $58.07 on Thursday. 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 50 day simple moving average of $57.01 and a two-hundred day simple moving average of $55.09. The stock has a market capitalization of $21.90 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced 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 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.