LJI Wealth Management LLC Buys New Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

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

Other hedge funds and other institutional investors have also modified their holdings of the company. Vaquero Private Wealth Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $25,000. Valley Wealth Managers Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $26,000. Richardson Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $27,000. Main Street Group LTD acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $37,000. Finally, Downshift Financial LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $42,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $57.58 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72. The stock’s 50-day moving average is $60.05 and its two-hundred day moving average is $59.08. The firm has a market cap of $42.24 billion, a P/E ratio of 32.17 and a beta of 0.82.

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.