Rooted Wealth Advisors Inc. Reduces Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Rooted Wealth Advisors Inc. lowered its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 25.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,457 shares of the company’s stock after selling 17,292 shares during the period. Rooted Wealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,019,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of JEPQ. Logan Capital Management Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $27,000. Sankala Group LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $28,000. Navalign LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $33,000. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $33,000. Finally, Archer Investment Corp acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.2%

JEPQ opened at $59.42 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $53.51 and a 52 week high of $61.72. The business has a 50 day moving average price of $59.81 and a two-hundred day moving average price of $58.56. The company has a market cap of $37.58 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.5644 dividend. The ex-dividend date of this dividend was Monday, June 1st.

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