JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Down 0.4%

Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) fell 0.4% during trading on Thursday . The stock traded as low as $52.18 and last traded at $52.86. 1,759,091 shares traded hands during trading, a decline of 36% from the average session volume of 2,759,958 shares. The stock had previously closed at $53.05.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The company’s 50-day simple moving average is $54.86 and its 200 day simple moving average is $53.42. The firm has a market cap of $14.75 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were given a dividend of $0.4212 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $5.05 annualized dividend and a yield of 9.54%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several institutional investors have recently bought and sold shares of the business. Aurora Private Wealth Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the second quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock valued at $292,000 after purchasing an additional 189 shares during the last quarter. Hazlett Burt & Watson Inc. lifted 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 worth $31,000 after acquiring an additional 200 shares during the last quarter. Global Wealth Strategies & Associates lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after acquiring an additional 200 shares during the last quarter. Tranquility Partners LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% in the 1st quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock worth $254,000 after acquiring an additional 214 shares during the last quarter. Finally, Atlantic Union Bankshares Corp lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock worth $972,000 after acquiring an additional 237 shares during 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.