JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Short Interest Update

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 862,300 shares, a decline of 32.6% from the February 28th total of 1,280,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 5,551,300 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% during the fourth quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock valued at $722,000 after purchasing an additional 4,895 shares in the last quarter. Iron Horse Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after purchasing an additional 200 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock worth $630,000 after acquiring an additional 3,000 shares in the last quarter. Franklin Resources Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 781.5% during the 3rd quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock worth $20,844,000 after purchasing an additional 335,448 shares in the last quarter. Finally, Ironsides Asset Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the fourth quarter. Ironsides Asset Advisors LLC now owns 17,890 shares of the company’s stock valued at $1,009,000 after buying an additional 4,150 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.2 %

Shares of NASDAQ JEPQ opened at $51.81 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.54. The stock’s 50 day simple moving average is $55.66 and its 200 day simple moving average is $55.84. The company has a market cap of $20.40 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.4824 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

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.