JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Hits New 12-Month High – Here’s What Happened

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) reached a new 52-week high on Thursday . The stock traded as high as $56.22 and last traded at $56.19, with a volume of 372420 shares changing hands. The stock had previously closed at $55.96.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

The company has a 50-day moving average price of $54.41 and a two-hundred day moving average price of $54.06. The stock has a market cap of $18.24 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.4936 per share. This represents a $5.92 dividend on an annualized basis and a yield of 10.48%. The ex-dividend date was Friday, November 1st.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

A number of large investors have recently bought and sold shares of JEPQ. Salomon & Ludwin LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $25,000. Beacon Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $26,000. SJS Investment Consulting Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $28,000. Hollencrest Capital Management purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $33,000. Finally, CENTRAL TRUST Co purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $48,000.

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.