JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Hits New 12-Month High at $54.60

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $54.60 and last traded at $54.57, with a volume of 1317012 shares. The stock had previously closed at $54.49.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.5 %

The stock’s 50-day moving average is $53.39 and its 200-day moving average is $52.18. The stock has a market cap of $13.01 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a dividend of $0.4497 per share. This represents a $5.40 dividend on an annualized basis and a yield of 9.80%. The ex-dividend date was Monday, June 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% in the third quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock valued at $259,768,000 after acquiring an additional 5,466,397 shares in the last quarter. International Assets Investment Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% in the fourth quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock valued at $87,883,000 after acquiring an additional 1,727,136 shares in the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 89.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock valued at $140,578,000 after acquiring an additional 1,415,166 shares in the last quarter. Global Assets Advisory LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at approximately $60,320,000. Finally, Cetera Investment Advisers boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 550.6% during the 1st quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock valued at $57,049,000 after buying an additional 890,120 shares during the last quarter.

About JPMorgan Nasdaq Equity Premium Income ETF

(Get Free Report)

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.

Further Reading

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