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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s stock price traded up 0.2% during trading on Wednesday . The company traded as high as $53.34 and last traded at $53.34. 565,251 shares traded hands during trading, a decline of 79% from the average session volume of 2,740,840 shares. The stock had previously closed at $53.26.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The stock’s 50 day simple moving average is $53.12 and its two-hundred day simple moving average is $51.06. The company has a market capitalization of $12.59 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 disclosed a monthly dividend, which was paid on Monday, May 6th. Investors of record on Thursday, May 2nd were given a $0.4311 dividend. This represents a $5.17 dividend on an annualized basis and a yield of 9.71%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Wednesday, May 1st.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Global Wealth Strategies & Associates bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $27,000. Valley National Advisers Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $31,000. Hazlett Burt & Watson Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during 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. Iron Horse Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in 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 during the period. Finally, TD Capital Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $40,000.

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.