JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Down 0.3%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shares dropped 0.3% during trading on Wednesday . The stock traded as low as $52.44 and last traded at $52.52. Approximately 548,839 shares traded hands during trading, a decline of 79% from the average daily volume of 2,640,731 shares. The stock had previously closed at $52.69.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.9 %

The company’s fifty day moving average price is $53.22 and its 200 day moving average price is $50.52. The company has a market capitalization of $11.81 billion, a P/E ratio of 33.29 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.82%. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. OneAscent Financial Services LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at $457,000. Cambridge Advisors Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 13.8% in the first quarter. Cambridge Advisors Inc. now owns 139,255 shares of the company’s stock valued at $7,553,000 after buying an additional 16,899 shares during the period. Bridge Advisory LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at $307,000. Atlantic Union Bankshares Corp lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after buying an additional 237 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 62.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 71,650 shares of the company’s stock valued at $3,886,000 after buying an additional 27,547 shares during the period.

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.