JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Up 0.1%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shares were up 0.1% during mid-day trading on Tuesday . The stock traded as high as $52.82 and last traded at $52.65. Approximately 759,881 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 2,651,176 shares. The stock had previously closed at $52.61.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.1 %

The company has a 50 day simple moving average of $53.21 and a 200-day simple moving average of $50.53. The stock has a market capitalization of $11.79 billion, a price-to-earnings ratio of 33.29 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.4273 per share. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.84%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend was Monday, April 1st.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several institutional investors have recently bought and sold shares of the stock. Chapin Davis Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $514,000. Mayfair Advisory Group LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 33.1% during the first quarter. Mayfair Advisory Group LLC now owns 19,489 shares of the company’s stock worth $1,057,000 after buying an additional 4,847 shares in the last quarter. SteelPeak Wealth LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $382,000. Clarity Wealth Advisors LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12.3% in the 1st quarter. Clarity Wealth Advisors LLC now owns 30,598 shares of the company’s stock valued at $1,660,000 after purchasing an additional 3,359 shares during the period. Finally, Fiduciary Alliance LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 181.5% in the 1st quarter. Fiduciary Alliance LLC now owns 19,426 shares of the company’s stock valued at $1,048,000 after purchasing an additional 12,525 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.