3,458,100 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,458,100 shares of the company’s stock, valued at approximately $211,567,000. JPMorgan Nasdaq Equity Premium Income ETF makes up about 0.5% of Rakuten Investment Management Inc.’s investment portfolio, making the stock its 19th largest position. Rakuten Investment Management Inc. owned 0.47% of JPMorgan Nasdaq Equity Premium Income ETF as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% during the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after purchasing an additional 1,132,270 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 4,336,966 shares of the company’s stock valued at $266,550,000 after buying an additional 327,859 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock valued at $255,748,000 after buying an additional 517,693 shares during the last quarter. Cetera Investment Advisers lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.2% during the 1st quarter. Cetera Investment Advisers now owns 3,035,644 shares of the company’s stock worth $168,539,000 after buying an additional 204,154 shares in the last quarter. Finally, Adams Asset Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 56.6% during the 3rd quarter. Adams Asset Advisors LLC now owns 2,205,299 shares of the company’s stock worth $135,097,000 after buying an additional 797,239 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6%

Shares of NASDAQ:JEPQ opened at $56.59 on Wednesday. The firm has a market cap of $41.78 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The company’s 50-day moving average price is $59.93 and its two-hundred day moving average price is $59.05.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.