JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading Up 0.1%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shares shot up 0.1% during mid-day trading on Tuesday . The company traded as high as $52.82 and last traded at $52.65. 759,881 shares changed hands during trading, a decline of 71% from the average session volume of 2,651,176 shares. The stock had previously closed at $52.61.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6 %

The business’s fifty day moving average price is $53.20 and its 200 day moving average price is $50.48. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 33.29 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.4273 dividend. This represents a $5.13 annualized dividend and a yield of 9.68%. The ex-dividend date was Monday, April 1st. This is a boost 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 hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $2,945,000. Royal Bank of Canada purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $5,604,000. CreativeOne Wealth LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $498,000. Xcel Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the fourth quarter. Xcel Wealth Management LLC now owns 23,787 shares of the company’s stock valued at $971,000 after acquiring an additional 2,685 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $734,000.

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.