JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Reaches New 1-Year High at $55.23

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $55.23 and last traded at $55.23, with a volume of 28625 shares changing hands. The stock had previously closed at $55.18.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.1 %

The firm has a fifty day simple moving average of $53.55 and a 200 day simple moving average of $52.39. The stock has a market cap of $13.07 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 monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a dividend of $0.4497 per share. This represents a $5.40 annualized dividend and a dividend yield of 9.75%. The ex-dividend date was Monday, June 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Global Wealth Strategies & Associates bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $27,000. Hazlett Burt & Watson Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after buying an additional 200 shares during the period. Valley National Advisers Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $31,000. Iron Horse Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after purchasing an additional 240 shares during the last quarter. Finally, TD Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $40,000.

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.