JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading Up 0.2% – What’s Next?

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price rose 0.2% during mid-day trading on Thursday . The company traded as high as $53.34 and last traded at $53.32. Approximately 1,661,080 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 3,680,744 shares. The stock had previously closed at $53.22.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The firm has a market cap of $20.40 billion, a P/E ratio of 30.59 and a beta of -0.84. The firm’s 50-day moving average price is $55.66 and its 200 day moving average price is $55.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.4824 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Mainstream Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $28,000. O Shaughnessy Asset Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 107.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock worth $28,000 after purchasing an additional 254 shares during the period. Crewe Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the period. Capital A Wealth Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $29,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $31,000.

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.