JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading Up 0.5%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was up 0.5% during trading on Monday . The stock traded as high as $53.02 and last traded at $53.01. Approximately 1,054,750 shares were traded during trading, a decline of 61% from the average daily volume of 2,739,435 shares. The stock had previously closed at $52.75.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9 %

The firm’s 50 day simple moving average is $53.11 and its 200 day simple moving average is $50.96. The company has a market capitalization of $12.58 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.4311 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.17 dividend on an annualized basis and a dividend yield of 9.72%. The ex-dividend date of this dividend is Wednesday, May 1st.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in JEPQ. Hazlett Burt & Watson Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares in the last quarter. Global Wealth Strategies & Associates increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares in the last quarter. Jaffetilchin Investment Partners LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.5% in the third quarter. Jaffetilchin Investment Partners LLC now owns 14,011 shares of the company’s stock valued at $658,000 after buying an additional 211 shares during the last quarter. Atlantic Union Bankshares Corp boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock worth $972,000 after purchasing an additional 237 shares in the last quarter. Finally, Iron Horse Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after buying an additional 240 shares in 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.