JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Up 0.4%

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

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The company has a market cap of $11.99 billion, a P/E ratio of 33.29 and a beta of -0.84. The firm’s 50-day moving average is $53.15 and its two-hundred day moving average is $50.70.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm 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 annualized dividend and a dividend yield of 9.82%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Monday, April 1st.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several large investors have recently added to or reduced their stakes in JEPQ. Hazlett Burt & Watson Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the period. Global Wealth Strategies & Associates raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares during the period. Jaffetilchin Investment Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.5% in the third quarter. Jaffetilchin Investment Partners LLC now owns 14,011 shares of the company’s stock valued at $658,000 after acquiring an additional 211 shares during the period. Newbridge Financial Services Group Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 46.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock worth $34,000 after acquiring an additional 232 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% during the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock worth $972,000 after purchasing an additional 237 shares during the period.

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.