Sterling Investment Advisors Ltd. Invests $354,000 in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sterling Investment Advisors Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,271 shares of the company’s stock, valued at approximately $354,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 10.0% during the 4th quarter. Bank of New York Mellon Corp now owns 7,325 shares of the company’s stock worth $413,000 after acquiring an additional 663 shares during the period. Pine Valley Investments Ltd Liability Co raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.5% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 174,558 shares of the company’s stock valued at $9,907,000 after buying an additional 16,658 shares during the last quarter. BankPlus Trust Department purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $52,000. Rothschild Investment LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.7% in the 4th quarter. Rothschild Investment LLC now owns 60,638 shares of the company’s stock valued at $3,419,000 after purchasing an additional 9,993 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% in the 4th quarter. IFP Advisors Inc now owns 39,328 shares of the company’s stock valued at $2,217,000 after purchasing an additional 2,628 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.0 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.01 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.54. The business has a 50-day moving average price of $57.37 and a 200 day moving average price of $55.74. The firm has a market cap of $22.44 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 declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.4502 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.