JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Reaches New 1-Year High – Here’s What Happened

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)’s share price hit a new 52-week high on Thursday . The company traded as high as $58.21 and last traded at $58.23, with a volume of 3614573 shares changing hands. The stock had previously closed at $58.07.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3 %

The company has a market cap of $21.96 billion, a PE ratio of 32.10 and a beta of -0.84. The company’s fifty day moving average is $57.04 and its 200-day moving average is $55.11.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued a $0.4558 dividend. The ex-dividend date was Tuesday, December 31st.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JEPQ. Salomon & Ludwin LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $25,000. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $31,000. Hollencrest Capital Management bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $33,000. Sugar Maple Asset Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $41,000. Finally, Pin Oak Investment Advisors Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after acquiring an additional 575 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.