JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Up 0.2%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price rose 0.2% during mid-day trading on Tuesday . The stock traded as high as $53.34 and last traded at $53.34. Approximately 877,188 shares traded hands during trading, a decline of 68% from the average daily volume of 2,747,516 shares. The stock had previously closed at $53.25.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.0 %

The business has a 50 day moving average price of $53.12 and a 200 day moving average price of $51.01. The company has a market capitalization of $12.58 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were paid a $0.4311 dividend. This represents a $5.17 annualized dividend and a yield of 9.71%. The ex-dividend date of this dividend was Wednesday, May 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several large investors have recently modified their holdings of JEPQ. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% in the third quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock worth $259,768,000 after purchasing an additional 5,466,397 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% in the fourth quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock valued at $87,883,000 after purchasing an additional 1,727,136 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 89.5% during the third quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock worth $140,578,000 after purchasing an additional 1,415,166 shares during the period. Global Assets Advisory LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $60,320,000. Finally, LPL Financial LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 32.3% in the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock valued at $170,835,000 after purchasing an additional 889,644 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.