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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shares traded down 0% during trading on Monday . The stock traded as low as $50.79 and last traded at $50.83. 1,140,683 shares traded hands 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 Stock Performance

The firm’s 50-day moving average is $53.15 and its 200 day moving average is $50.70. The firm has a market capitalization of $11.96 billion, a P/E ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given 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. This represents a $5.13 annualized dividend and a dividend yield of 9.84%. The ex-dividend date was Monday, April 1st.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Large investors have recently bought and sold shares of the company. Hazlett Burt & Watson Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in 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 grew its position in shares of 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 purchasing an additional 200 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.5% during the third quarter. Jaffetilchin Investment Partners LLC now owns 14,011 shares of the company’s stock worth $658,000 after purchasing an additional 211 shares during the period. Newbridge Financial Services Group Inc. increased its stake 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 purchasing an additional 232 shares during the period. Finally, Atlantic Union Bankshares Corp lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% during the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock worth $972,000 after purchasing an additional 237 shares during the last quarter.

About JPMorgan Nasdaq Equity Premium Income ETF

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.