JPMorgan Nasdaq Equity Premium Income ETF Sees Unusually Large Options Volume (NASDAQ:JEPQ)

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) saw some unusual options trading on Tuesday. Investors bought 4,040 put options on the company. This is an increase of 82% compared to the typical volume of 2,221 put options.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $52.74 on Thursday. The company has a market capitalization of $20.76 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84. The firm’s 50 day simple moving average is $56.14 and its 200 day simple moving average is $55.81. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.4824 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

A number of hedge funds have recently modified their holdings of JEPQ. Mainstream Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $28,000. O Shaughnessy Asset Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after acquiring an additional 254 shares during the period. Crewe Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares during the period. Capital A Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $29,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $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.