JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Price Down 1.7% – What’s Next?

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price fell 1.7% during mid-day trading on Friday . The stock traded as low as $52.03 and last traded at $52.07. 2,325,445 shares were traded during trading, a decline of 37% from the average session volume of 3,690,396 shares. The stock had previously closed at $52.98.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

The firm has a market cap of $20.40 billion, a P/E ratio of 30.59 and a beta of -0.84. The company has a 50 day moving average of $55.66 and a 200 day moving average of $55.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Large investors have recently bought and sold shares of the business. Fisher Asset Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.9% during the 3rd quarter. Fisher Asset Management LLC now owns 7,936 shares of the company’s stock worth $436,000 after acquiring an additional 1,204 shares in the last quarter. D.A. Davidson & CO. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 8.4% during the third quarter. D.A. Davidson & CO. now owns 19,213 shares of the company’s stock worth $1,055,000 after purchasing an additional 1,496 shares during the period. Townsquare Capital LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.1% during the third quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock valued at $222,000 after purchasing an additional 232 shares during the last quarter. CreativeOne Wealth LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 104.8% in the third quarter. CreativeOne Wealth LLC now owns 16,705 shares of the company’s stock valued at $918,000 after purchasing an additional 8,550 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.2% in the third quarter. Rockefeller Capital Management L.P. now owns 388,484 shares of the company’s stock worth $21,339,000 after buying an additional 8,493 shares during the last quarter.

About JPMorgan Nasdaq Equity Premium Income ETF

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.