JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading 0.4% Higher

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) traded up 0.4% during mid-day trading on Wednesday . The company traded as high as $52.59 and last traded at $52.31. 1,172,719 shares were traded during trading, a decline of 57% from the average session volume of 2,706,107 shares. The stock had previously closed at $52.10.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The stock has a market capitalization of $11.93 billion, a PE ratio of 33.29 and a beta of -0.84. The stock’s fifty day moving average is $53.13 and its 200-day moving average is $50.72.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. This represents a $5.13 annualized dividend and a yield of 9.87%. This is an increase 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.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Carr Financial Group Corp lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 738.8% during the first quarter. Carr Financial Group Corp now owns 41,506 shares of the company’s stock valued at $2,251,000 after purchasing an additional 36,558 shares in the last quarter. Tritonpoint Wealth LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 56.3% in the first quarter. Tritonpoint Wealth LLC now owns 8,575 shares of the company’s stock valued at $465,000 after buying an additional 3,090 shares during the last quarter. Fielder Capital Group LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at about $271,000. Capital Investment Advisory Services LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.5% in the first quarter. Capital Investment Advisory Services LLC now owns 26,175 shares of the company’s stock valued at $1,420,000 after buying an additional 1,816 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 250,400 shares of the company’s stock valued at $13,582,000 after buying an additional 53,419 shares during 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.