104,770 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Purchased by Armor Investment Advisors LLC

Armor Investment Advisors LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 104,770 shares of the company’s stock, valued at approximately $5,755,000. JPMorgan Nasdaq Equity Premium Income ETF comprises 2.4% of Armor Investment Advisors LLC’s investment portfolio, making the stock its 13th biggest position.

Several other hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $25,000. Beacon Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $26,000. SJS Investment Consulting Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $28,000. CENTRAL TRUST Co purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth $48,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $55.72 on Wednesday. The company has a market cap of $17.98 billion, a P/E 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 $56.18. The stock has a 50-day moving average of $54.26 and a two-hundred day moving average of $54.00.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.4936 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.63%. The ex-dividend date was Friday, November 1st.

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.