Marks Wealth LLC Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Marks Wealth LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1,722.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 519,973 shares of the company’s stock after acquiring an additional 491,445 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 14.1% of Marks Wealth LLC’s holdings, making the stock its 4th biggest position. Marks Wealth LLC owned about 0.14% of JPMorgan Nasdaq Equity Premium Income ETF worth $29,316,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in JEPQ. Cornerstone Wealth Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $225,000. GAMMA Investing LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% in the fourth quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock worth $722,000 after acquiring an additional 4,895 shares during the period. Creative Planning grew its holdings 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 valued at $1,297,000 after purchasing an additional 2,966 shares during the period. Franklin Resources Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 781.5% during the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock valued at $20,844,000 after purchasing an additional 335,448 shares in the last quarter. Finally, Granite Bay Wealth Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $2,144,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

JEPQ opened at $58.24 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.24. The firm has a market capitalization of $21.96 billion, a PE ratio of 32.10 and a beta of -0.84. The firm’s 50-day moving average price is $57.04 and its 200 day moving average price is $55.11.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.