JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading Up 0.2% – Here’s What Happened

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price was up 0.2% on Thursday . The stock traded as high as $53.34 and last traded at $53.32. Approximately 1,661,080 shares changed hands during trading, a decline of 55% from the average daily volume of 3,680,744 shares. The stock had previously closed at $53.22.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.4 %

The stock’s fifty day moving average is $55.84 and its 200-day moving average is $55.84. The stock has a market cap of $20.88 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.4824 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mainstream Capital Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $28,000. O Shaughnessy Asset Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after buying an additional 254 shares in the last quarter. Crewe Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after buying an additional 309 shares during the period. Capital A Wealth Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $29,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $31,000.

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.