JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Up 1.3%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) rose 1.3% on Tuesday . The stock traded as high as $52.06 and last traded at $51.96. Approximately 1,062,437 shares were traded during trading, a decline of 61% from the average daily volume of 2,696,941 shares. The stock had previously closed at $51.31.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

The company has a market cap of $11.99 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84. The company has a fifty day moving average of $53.15 and a two-hundred day moving average of $50.71.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. This is an increase 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 dividend yield of 9.82%.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Hedge funds have recently modified their holdings of the company. Legacy Financial Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $27,000. Global Wealth Strategies & Associates acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $27,000. Valley National Advisers Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $31,000. Hazlett Burt & Watson Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after buying an additional 200 shares during the period. Finally, Newbridge Financial Services Group Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 46.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock worth $34,000 after acquiring an additional 232 shares in 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.