JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Up 0.9% – What’s Next?

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price rose 0.9% during mid-day trading on Wednesday . The stock traded as high as $46.70 and last traded at $46.29. Approximately 3,679,343 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 4,005,296 shares. The stock had previously closed at $45.88.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 8.3 %

The stock’s fifty day simple moving average is $54.23 and its two-hundred day simple moving average is $55.56. The firm has a market cap of $21.92 billion, a PE ratio of 30.12 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.5407 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. This represents a $6.49 dividend on an annualized basis and a dividend yield of 13.06%. The ex-dividend date was Tuesday, April 1st.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

A number of hedge funds have recently bought and sold shares of JEPQ. Garden State Investment Advisory Services LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 75,643 shares of the company’s stock valued at $4,158,000 after acquiring an additional 5,728 shares during the period. EP Wealth Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 123.7% during the third quarter. EP Wealth Advisors LLC now owns 22,388 shares of the company’s stock valued at $1,230,000 after purchasing an additional 12,380 shares in the last quarter. Continuum Advisory LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 120.1% in the third quarter. Continuum Advisory LLC now owns 19,000 shares of the company’s stock worth $1,074,000 after purchasing an additional 10,368 shares during the last quarter. FRG Family Wealth Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.8% in the third quarter. FRG Family Wealth Advisors LLC now owns 86,333 shares of the company’s stock worth $4,742,000 after buying an additional 8,436 shares in the last quarter. Finally, Coldstream Capital Management Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $246,000.

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.