JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading Up 0% – What’s Next?

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) shares rose 0% during mid-day trading on Thursday . The stock traded as high as $49.05 and last traded at $48.78. Approximately 1,280,288 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 4,149,487 shares. The stock had previously closed at $48.76.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.0 %

The company has a market cap of $22.15 billion, a P/E ratio of 30.12 and a beta of -0.84. The stock’s 50 day moving average is $52.83 and its 200-day moving average is $55.23.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.5407 per share. This represents a $6.49 annualized dividend and a yield of 13.31%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. The ex-dividend date of this dividend was Tuesday, April 1st.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Hedge funds have recently bought and sold shares of the business. Venturi Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after buying an additional 177 shares during the period. Fortis Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the fourth quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after purchasing an additional 198 shares in the last quarter. Mayflower Financial Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% during the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock valued at $282,000 after purchasing an additional 200 shares during the period. Round Rock Advisors LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.4% during the 4th quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock valued at $808,000 after buying an additional 200 shares in the last quarter. Finally, Iron Horse Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock worth $53,000 after buying an additional 200 shares during the period.

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.