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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was the target of unusually large options trading on Monday. Stock traders bought 6,169 put options on the company. This represents an increase of 278% compared to the typical volume of 1,633 put options.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Venturi Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after buying an additional 177 shares during the period. Glen Eagle Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock worth $147,000 after acquiring an additional 188 shares in the last quarter. Fortis Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after acquiring an additional 198 shares during the period. Mayflower Financial Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% during the fourth quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock valued at $282,000 after purchasing an additional 200 shares during the period. Finally, Round Rock Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.4% during the fourth quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock worth $808,000 after purchasing an additional 200 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $54.16 on Wednesday. The business has a 50-day moving average of $57.11 and a two-hundred day moving average of $55.91. The firm has a market capitalization of $21.32 billion, a PE ratio of 33.40 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.