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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shares shot up 0.1% during mid-day trading on Monday . The stock traded as high as $53.80 and last traded at $53.44. 806,840 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 2,608,011 shares. The stock had previously closed at $53.40.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

The firm has a 50 day moving average price of $53.22 and a 200-day moving average price of $50.52. The firm has a market cap of $11.92 billion, a PE ratio of 33.29 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.4273 per share. 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. This represents a $5.13 annualized dividend and a yield of 9.73%.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares in the last quarter. Global Wealth Strategies & Associates lifted its stake in 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 buying an additional 200 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings 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. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 46.4% during the third 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 increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after acquiring 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.