Marks Wealth LLC Buys 491,445 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Marks Wealth LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1,722.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 519,973 shares of the company’s stock after purchasing an additional 491,445 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 14.1% of Marks Wealth LLC’s portfolio, making the stock its 4th largest position. Marks Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $29,316,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Cornerstone Wealth Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $225,000. GAMMA Investing LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 61.9% in the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock valued at $722,000 after purchasing an additional 4,895 shares during the period. Creative Planning raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 14.4% in the third quarter. Creative Planning now owns 23,608 shares of the company’s stock worth $1,297,000 after purchasing an additional 2,966 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 781.5% in the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock valued at $20,844,000 after buying an additional 335,448 shares in the last quarter. Finally, Granite Bay Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $2,144,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

Shares of JEPQ stock opened at $58.24 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.24. The firm has a market cap of $21.96 billion, a PE ratio of 32.10 and a beta of -0.84. The company’s fifty day simple moving average is $57.04 and its 200-day simple moving average is $55.11.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date was Tuesday, December 31st.

JPMorgan Nasdaq Equity Premium Income ETF 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.