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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $58.07 and last traded at $58.03, with a volume of 1052438 shares traded. The stock had previously closed at $57.99.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

The company has a fifty day simple moving average of $56.25 and a 200 day simple moving average of $54.78. The stock has a market capitalization of $18.45 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, December 2nd were issued a $0.5083 dividend. The ex-dividend date was Monday, December 2nd. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

Institutional investors have recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $25,000. Beacon Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $26,000. Hollencrest Capital Management acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after buying an additional 575 shares in the last quarter. Finally, CENTRAL TRUST Co acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $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.