M.E. Allison & CO. Inc. Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

M.E. Allison & CO. Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, Holdings Channel reports. The fund purchased 7,750 shares of the company’s stock, valued at approximately $437,000.

Several other institutional investors also recently added to or reduced their stakes in JEPQ. Salomon & Ludwin LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $31,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after purchasing an additional 575 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $57.27 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.21. The firm has a fifty day moving average of $56.98 and a 200 day moving average of $55.07. The firm has a market cap of $21.59 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.