JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Up 0.1% – What’s Next?

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) rose 0.1% during mid-day trading on Wednesday . The stock traded as high as $51.65 and last traded at $51.67. Approximately 1,634,917 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 3,733,162 shares. The stock had previously closed at $51.61.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

The stock has a 50 day moving average of $55.43 and a 200-day moving average of $55.83. The company has a market cap of $20.52 billion, a PE ratio of 30.12 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be paid a $0.5407 dividend. This represents a $6.49 annualized dividend and a dividend yield of 12.45%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. The ex-dividend date is Tuesday, April 1st.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Venturi Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after buying an additional 177 shares in the last quarter. Glen Eagle Advisors LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after acquiring an additional 188 shares during the last quarter. Fortis Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the fourth quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after buying an additional 198 shares in the last quarter. Mayflower Financial Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% during the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock valued at $282,000 after acquiring an additional 200 shares during the last quarter. Finally, Round Rock Advisors LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.4% during the fourth quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock worth $808,000 after purchasing an additional 200 shares during the last quarter.

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.