JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (NASDAQ:HEQQ) Sees Significant Decline in Short Interest

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (NASDAQ:HEQQ) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 110 shares, a decline of 96.7% from the May 31st total of 3,294 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,192 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF by 100.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 400,000 shares of the company’s stock valued at $22,865,000 after purchasing an additional 200,000 shares during the last quarter. Koshinski Asset Management Inc. increased its stake in JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF by 41.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 25,189 shares of the company’s stock worth $1,470,000 after purchasing an additional 7,350 shares during the period. OLD Mission Capital LLC boosted its stake in shares of JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF by 116.7% during the fourth quarter. OLD Mission Capital LLC now owns 23,699 shares of the company’s stock valued at $1,383,000 after purchasing an additional 12,761 shares during the period. Congress Park Capital LLC purchased a new stake in shares of JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF during the fourth quarter valued at $1,201,000. Finally, NewEdge Advisors LLC bought a new position in shares of JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF in the fourth quarter worth about $207,000.

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF Price Performance

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF stock traded down $0.00 during mid-day trading on Friday, reaching $60.81. The stock had a trading volume of 19 shares, compared to its average volume of 2,374. The company has a market capitalization of $31.62 million, a price-to-earnings ratio of 34.02 and a beta of 0.63. The company has a 50-day moving average price of $60.60 and a two-hundred day moving average price of $58.97. JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF has a one year low of $53.27 and a one year high of $61.40.

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were given a $0.0314 dividend. This represents a $0.13 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 23rd.

About JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF

J P Morgan Exchange-Traded Fund Trust – JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF is an exchange traded fund launched and managed by J.P. Morgan Investment Management Inc The fund invests in public equity markets of the United States. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs proprietary research to create its portfolio. J P Morgan Exchange-Traded Fund Trust – JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF was formed on 2025 and is domiciled in the United States.