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

Armstrong Advisory Group Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 338.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,107 shares of the company’s stock after buying an additional 1,626 shares during the period. Armstrong Advisory Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $116,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. B. Riley Wealth Advisors Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 887.3% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 72,704 shares of the company’s stock worth $3,630,000 after purchasing an additional 65,340 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 153.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,570 shares of the company’s stock worth $228,000 after purchasing an additional 2,770 shares in the last quarter. Advance Capital Management Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.4% in the 1st quarter. Advance Capital Management Inc. now owns 8,592 shares of the company’s stock worth $466,000 after purchasing an additional 1,398 shares in the last quarter. Capital Market Strategies LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $231,000. Finally, Marion Wealth Management lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.9% in the 1st quarter. Marion Wealth Management now owns 9,702 shares of the company’s stock valued at $526,000 after acquiring an additional 707 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4 %

JEPQ stock opened at $55.09 on Tuesday. The stock has a market capitalization of $17.18 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18. The stock’s 50 day simple moving average is $53.47 and its 200 day simple moving average is $53.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.00%.

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.