M.E. Allison & CO. Inc. Makes New $437,000 Investment 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 fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,750 shares of the company’s stock, valued at approximately $437,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $25,000. Pinnacle Bancorp Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $31,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $33,000. Pin Oak Investment Advisors Inc. boosted its stake 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 acquiring an additional 575 shares in the last quarter. Finally, CENTRAL TRUST Co bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $57.27 on Monday. The firm’s 50 day moving average price is $56.98 and its 200-day moving average price is $55.07. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.21. The company 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 firm also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date of this dividend 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.