JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Up 0.5%

Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) were up 0.5% during trading on Monday . The stock traded as high as $53.02 and last traded at $53.01. Approximately 1,054,750 shares changed hands during trading, a decline of 61% from the average daily volume of 2,739,435 shares. The stock had previously closed at $52.75.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

The firm’s 50 day moving average price is $53.13 and its two-hundred day moving average price is $51.07. The company has a market cap of $12.59 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.4311 per share. The ex-dividend date was Wednesday, May 1st. This represents a $5.17 annualized dividend and a dividend yield of 9.71%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

Several large investors have recently made changes to their positions in the company. Valmark Advisers Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $221,000. Allworth Financial LP increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 58.5% during the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock valued at $59,000 after purchasing an additional 439 shares in the last quarter. Stratos Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $348,000. IFP Advisors Inc lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 29.2% in the fourth quarter. IFP Advisors Inc now owns 36,463 shares of the company’s stock valued at $1,821,000 after buying an additional 8,237 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 97.3% in the third quarter. Sunbelt Securities Inc. now owns 1,085 shares of the company’s stock valued at $51,000 after buying an additional 535 shares in the last quarter.

About JPMorgan Nasdaq Equity Premium Income ETF

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.