JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Up 1.8% – Here’s What Happened

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) rose 1.8% during mid-day trading on Tuesday . The company traded as high as $59.72 and last traded at $59.65. 5,312,574 shares traded hands during trading, a decline of 21% from the average daily volume of 6,752,563 shares. The stock had previously closed at $58.59.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The business’s fifty day simple moving average is $60.05 and its two-hundred day simple moving average is $58.71. The company has a market cap of $39.75 billion, a PE ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.6366 dividend. This represents a c) annualized dividend and a dividend yield of 13.0%. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Hedge funds have recently bought and sold shares of the business. 4WEALTH Advisors Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the second quarter. 4WEALTH Advisors Inc. now owns 53,652 shares of the company’s stock valued at $3,257,000 after purchasing an additional 557 shares during the period. Sulzberger Capital Advisors Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% during the 2nd quarter. Sulzberger Capital Advisors Inc. now owns 46,754 shares of the company’s stock worth $2,874,000 after buying an additional 4,306 shares during the period. Madrona Financial Services LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at approximately $287,000. Great Diamond Partners LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.2% in the 2nd quarter. Great Diamond Partners LLC now owns 16,721 shares of the company’s stock valued at $1,028,000 after acquiring an additional 202 shares during the period. Finally, Strategic Planning Group LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $224,000.

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