JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Reaches New 52-Week High – Here’s What Happened

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) reached a new 52-week high on Tuesday . The stock traded as high as $58.08 and last traded at $58.07, with a volume of 2611823 shares trading hands. The stock had previously closed at $57.67.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.8 %

The firm has a market capitalization of $18.76 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock has a 50 day simple moving average of $56.42 and a 200-day simple moving average of $54.86.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after acquiring an additional 3,029,552 shares during the period. LPL Financial LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after purchasing an additional 1,017,261 shares during the period. Strategic Financial Concepts LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock worth $518,000 after buying an additional 922,558 shares during the last quarter. Cetera Investment Advisers boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 47.5% in the second quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock valued at $86,074,000 after purchasing an additional 499,083 shares during the last quarter. Finally, American Trust acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $26,134,000.

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.