JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Trading Down 1.2%

Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQGet Free Report) fell 1.2% during mid-day trading on Tuesday . The company traded as low as $53.23 and last traded at $53.27. 1,222,318 shares were traded during trading, a decline of 54% from the average session volume of 2,635,141 shares. The stock had previously closed at $53.93.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

The company has a market capitalization of $9.92 billion, a price-to-earnings ratio of 23.03 and a beta of -0.84. The firm has a fifty day simple moving average of $52.94 and a 200 day simple moving average of $50.11.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JEPQ. Renaissance Technologies LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $2,945,000. Royal Bank of Canada purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $5,604,000. CreativeOne Wealth LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $498,000. Xcel Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the fourth quarter. Xcel Wealth Management LLC now owns 23,787 shares of the company’s stock valued at $971,000 after acquiring an additional 2,685 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $734,000.

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.

Featured Articles

Receive News & Ratings for JPMorgan Nasdaq Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Nasdaq Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.