JPMorgan Nasdaq Equity Prem. Income (JEPQ) Buys $18.9 Million More AAPL on Friday

This article first appeared on GuruFocus. In ETF activity last Friday, JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) was the only fund buying, with no ETFs selling. JEPQ added $211.8 million in gross trades, all of it net buying, and increased all 82 of its positions while decreasing none. The fund's assets stood at $41.75 billion. What did JEPQ buy on Friday? Is JEPQ fairly valued? Test your thesis with our free DCF calculator. Its largest buys by dollar value were AAPL ($18.9 million), NVDA ($18.8 million) and MSFT ($15.1 million). Stock Shares changed Value Position APPLE INC COMMON STOCK (AAPL) +54,708 $18.9M 8.88% of fund NVIDIA CORP COMMON STOCK (NVDA) +91,932 $18.8M 8.88% of fund MICROSOFT CORP COMMON (MSFT) +28,952 $15.1M 7.