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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,280,000 shares, a decline of 25.1% from the February 13th total of 1,710,000 shares. Based on an average daily trading volume, of 5,280,600 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of JEPQ. Mainstream Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $28,000. O Shaughnessy Asset Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock worth $28,000 after purchasing an additional 254 shares in the last quarter. Crewe Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares in the last quarter. Capital A Wealth Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $29,000. Finally, Pinnacle Bancorp Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $31,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.5 %

JEPQ traded up $0.27 during mid-day trading on Monday, reaching $52.88. 5,114,468 shares of the company traded hands, compared to its average volume of 3,594,491. The stock has a market capitalization of $20.82 billion, a P/E ratio of 30.59 and a beta of -0.84. The company’s fifty day moving average price is $56.41 and its 200-day moving average price is $55.85. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.