JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading 0.4% Higher

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price rose 0.4% during trading on Thursday . The stock traded as high as $51.79 and last traded at $51.50. Approximately 679,065 shares traded hands during trading, a decline of 75% from the average daily volume of 2,737,928 shares. The stock had previously closed at $51.32.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.1 %

The company has a market capitalization of $12.26 billion, a PE ratio of 32.10 and a beta of 0.84. The stock’s fifty day moving average is $53.14 and its two-hundred day moving average is $50.87.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.4311 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $5.17 annualized dividend and a dividend yield of 9.97%.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Legacy Financial Group LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $27,000. Global Wealth Strategies & Associates bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $27,000. Valley National Advisers Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $31,000. Hazlett Burt & Watson Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. Finally, Iron Horse Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after acquiring an additional 240 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.