Armstrong Advisory Group Inc. Boosts Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Armstrong Advisory Group Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 166.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,608 shares of the company’s stock after purchasing an additional 3,501 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $316,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JEPQ. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $25,000. Hollencrest Capital Management purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $33,000. Pin Oak Investment Advisors Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after purchasing an additional 575 shares during the last quarter. CENTRAL TRUST Co purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $48,000. Finally, Sugarloaf Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $82,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.85 on Thursday. The firm has a 50 day simple moving average of $56.96 and a 200-day simple moving average of $55.05. The stock has a market cap of $21.40 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.21.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were given a $0.4558 dividend. The ex-dividend date was Tuesday, December 31st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.