Cogent Private Wealth Inc. Buys Shares of 22,211 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Cogent Private Wealth Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 22,211 shares of the company’s stock, valued at approximately $1,291,000. JPMorgan Nasdaq Equity Premium Income ETF comprises about 1.0% of Cogent Private Wealth Inc.’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the third quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock valued at $678,061,000 after acquiring an additional 651,461 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock valued at $255,416,000 after acquiring an additional 748,170 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the third quarter. Raymond James Financial Inc. now owns 3,930,950 shares of the company’s stock valued at $226,108,000 after acquiring an additional 17,428 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.9% during the third quarter. Envestnet Asset Management Inc. now owns 3,574,422 shares of the company’s stock valued at $205,601,000 after acquiring an additional 68,347 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the fourth quarter. UBS Group AG now owns 3,423,625 shares of the company’s stock valued at $198,981,000 after acquiring an additional 29,163 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.7%

JEPQ opened at $60.70 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $51.82 and a 52-week high of $61.17. The company has a market cap of $38.39 billion, a P/E ratio of 32.17 and a beta of 0.82. The firm’s 50-day moving average price is $58.33 and its 200-day moving average price is $58.26.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st will be issued a dividend of $0.5644 per share. The ex-dividend date is 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.