JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading Up 0.3%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was up 0.3% during mid-day trading on Monday . The company traded as high as $52.98 and last traded at $52.83. Approximately 1,252,411 shares were traded during trading, a decline of 54% from the average daily volume of 2,718,134 shares. The stock had previously closed at $52.66.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

The stock has a market cap of $12.34 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84. The stock’s fifty day moving average is $53.14 and its 200-day moving average is $50.80.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.4273 dividend. This represents a $5.13 annualized dividend and a dividend yield of 9.70%. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Members Advisory Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $466,000. Pinnacle Associates Ltd. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.8% in the first quarter. Pinnacle Associates Ltd. now owns 24,056 shares of the company’s stock valued at $1,305,000 after buying an additional 2,739 shares during the period. MBA Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the first quarter. MBA Advisors LLC now owns 27,263 shares of the company’s stock valued at $1,479,000 after buying an additional 1,109 shares during the period. Bellevue Asset Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.9% in the first quarter. Bellevue Asset Management LLC now owns 38,822 shares of the company’s stock valued at $2,106,000 after buying an additional 3,831 shares during the period. Finally, Carr Financial Group Corp boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 738.8% in the first quarter. Carr Financial Group Corp now owns 41,506 shares of the company’s stock valued at $2,251,000 after buying an additional 36,558 shares during the period.

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.