JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Down 0.8%

Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQGet Free Report) fell 0.8% during mid-day trading on Monday . The company traded as low as $53.83 and last traded at $53.83. 1,347,749 shares were traded during mid-day trading, a decline of 49% from the average session volume of 2,628,256 shares. The stock had previously closed at $54.24.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

The stock’s 50-day simple moving average is $52.90 and its 200-day simple moving average is $50.08. The firm has a market capitalization of $9.92 billion, a P/E ratio of 23.03 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd will be paid a $0.4273 dividend. This represents a $5.13 dividend on an annualized basis and a yield of 9.55%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend is Monday, April 1st.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

A number of institutional investors have recently modified their holdings of JEPQ. JPMorgan Chase & Co. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock worth $259,768,000 after purchasing an additional 5,466,397 shares in the last quarter. LPL Financial LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 32.3% in the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock worth $170,835,000 after purchasing an additional 889,644 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 89.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock worth $140,578,000 after purchasing an additional 1,415,166 shares in the last quarter. UBS Group AG lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 18.7% in the 4th quarter. UBS Group AG now owns 2,399,478 shares of the company’s stock worth $119,806,000 after purchasing an additional 378,697 shares in the last quarter. Finally, Morgan Stanley lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12,846.6% in the 3rd quarter. Morgan Stanley now owns 2,053,848 shares of the company’s stock worth $96,387,000 after purchasing an additional 2,037,984 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

(Get Free Report)

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.

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