JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Up 0.4%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s stock price shot up 0.4% during trading on Thursday . The company traded as high as $52.34 and last traded at $52.32. 860,970 shares changed hands during trading, a decline of 67% from the average session volume of 2,643,168 shares. The stock had previously closed at $52.11.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.2 %

The company has a market capitalization of $11.76 billion, a P/E ratio of 33.29 and a beta of 0.81. The business’s fifty day moving average price is $53.21 and its 200 day moving average price is $50.53.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 annualized dividend and a yield of 9.86%. The ex-dividend date of this dividend was Monday, April 1st.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 58.5% during the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock valued at $59,000 after purchasing an additional 439 shares during the last quarter. Mach 1 Financial Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $3,515,000. CWM LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.9% in the third quarter. CWM LLC now owns 209,434 shares of the company’s stock worth $9,829,000 after acquiring an additional 100,286 shares during the last quarter. Stratos Wealth Advisors LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $348,000. Finally, IFP Advisors Inc raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 29.2% in the fourth quarter. IFP Advisors Inc now owns 36,463 shares of the company’s stock worth $1,821,000 after acquiring an additional 8,237 shares during the last quarter.

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.