JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Down 0%

Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) fell 0% during mid-day trading on Monday . The stock traded as low as $50.79 and last traded at $50.83. 1,140,683 shares were traded during mid-day trading, a decline of 58% from the average session volume of 2,698,950 shares. The stock had previously closed at $50.84.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The business has a 50-day moving average of $53.15 and a 200 day moving average of $50.70. The company has a market capitalization of $11.96 billion, a PE ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.4273 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a yield of 9.84%.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted 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 worth $259,768,000 after buying an additional 5,466,397 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 32.3% in the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock worth $170,835,000 after acquiring an additional 889,644 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 89.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock worth $140,578,000 after purchasing an additional 1,415,166 shares during the period. UBS Group AG grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 18.7% during the 4th quarter. UBS Group AG now owns 2,399,478 shares of the company’s stock valued at $119,806,000 after purchasing an additional 378,697 shares during the last quarter. Finally, RiverFront Investment Group LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.1% in the 4th quarter. RiverFront Investment Group LLC now owns 1,976,049 shares of the company’s stock worth $98,663,000 after purchasing an additional 21,597 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.