Integrated Wealth Concepts LLC Buys 228,842 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Integrated Wealth Concepts LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 122.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 416,331 shares of the company’s stock after buying an additional 228,842 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.06% of JPMorgan Nasdaq Equity Premium Income ETF worth $25,588,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Morgan Stanley lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after purchasing an additional 1,408,923 shares during the last quarter. LPL Financial LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after purchasing an additional 589,696 shares during the period. Bank of America Corp DE lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.9% in the first quarter. Bank of America Corp DE now owns 13,877,688 shares of the company’s stock worth $770,489,000 after buying an additional 1,132,270 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock worth $476,315,000 after buying an additional 383,927 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after buying an additional 517,693 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $59.85 on Wednesday. The company has a market capitalization of $40.95 billion, a PE ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The company’s fifty day moving average price is $59.43 and its 200 day moving average price is $58.88.

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