LJI Wealth Management LLC Buys 9,380 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

LJI Wealth Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,380 shares of the company’s stock, valued at approximately $575,000.

Other hedge funds also recently made changes to their positions in the company. GM Advisory Group LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the first quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock worth $1,084,000 after purchasing an additional 170 shares during the period. Red Mountain Financial LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.3% in the 1st quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock worth $237,000 after buying an additional 175 shares in the last quarter. Howard Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the 3rd quarter. Howard Wealth Management LLC now owns 4,148 shares of the company’s stock worth $254,000 after buying an additional 190 shares during the period. Grant Private Wealth Management Inc lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.2% during the 3rd quarter. Grant Private Wealth Management Inc now owns 17,306 shares of the company’s stock worth $1,060,000 after buying an additional 198 shares during the period. Finally, Blodgett Wealth Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.3% during the 1st quarter. Blodgett Wealth Advisors LLC now owns 6,350 shares of the company’s stock worth $353,000 after buying an additional 200 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $57.58 on Friday. The stock’s fifty day simple moving average is $60.05 and its 200 day simple moving average is $59.08. The firm has a market cap of $42.24 billion, a price-to-earnings 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.

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.