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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price traded up 0.1% during trading on Tuesday . The company traded as high as $52.82 and last traded at $52.65. 759,881 shares changed hands during trading, a decline of 71% from the average session volume of 2,651,176 shares. The stock had previously closed at $52.61.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The company has a market cap of $11.79 billion, a PE ratio of 33.29 and a beta of 0.81. The business has a 50-day moving average of $53.21 and a 200 day moving average of $50.53.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.4273 dividend. 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 dividend on an annualized basis and a yield of 9.84%.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. increased its position in 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 buying an additional 200 shares in the last quarter. Global Wealth Strategies & Associates increased its position 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 worth $41,000 after buying an additional 200 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its position in 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 worth $658,000 after buying an additional 211 shares in the last quarter. 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 purchasing an additional 232 shares in the last quarter. Finally, Atlantic Union Bankshares Corp grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% during the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock worth $972,000 after purchasing an additional 237 shares in 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.