JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading 2.2% Higher – What’s Next?

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shares rose 2.2% during trading on Monday . The stock traded as high as $60.72 and last traded at $60.70. Approximately 6,851,245 shares changed hands during trading, an increase of 1% from the average daily volume of 6,795,039 shares. The stock had previously closed at $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.1%

The business’s fifty day moving average price is $59.91 and its two-hundred day moving average price is $58.59. The firm has a market cap of $39.78 billion, a P/E ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

Several large investors have recently made changes to their positions in JEPQ. Russell Investments Group Ltd. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $33,000. Cerity Partners LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after buying an additional 20,946 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after purchasing an additional 2,045 shares during the last quarter. Diversify Wealth Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% in the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after buying an additional 2,566 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $2,000,000.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.