JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Short Interest Update

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQGet Free Report) was the target of a large increase in short interest in the month of February. As of February 29th, there was short interest totalling 257,300 shares, an increase of 15.2% from the February 14th total of 223,300 shares. Based on an average daily trading volume, of 2,681,000 shares, the days-to-cover ratio is currently 0.1 days.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.9 %

Shares of NASDAQ:JEPQ opened at $52.91 on Monday. The company has a market capitalization of $9.78 billion, a PE ratio of 23.03 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $42.63 and a 12-month high of $53.74. The business has a 50 day moving average of $52.10 and a two-hundred day moving average of $49.62.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were given a $0.3804 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $4.56 dividend on an annualized basis and a dividend yield of 8.63%.

Institutional Investors Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

A number of institutional investors have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 887.3% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 72,704 shares of the company’s stock worth $3,630,000 after acquiring an additional 65,340 shares during the period. Tucker Asset Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.4% during the fourth quarter. Tucker Asset Management LLC now owns 18,483 shares of the company’s stock valued at $923,000 after acquiring an additional 1,895 shares during the last quarter. Creekmur Asset Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $284,000. Centaurus Financial Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 24.2% in the fourth quarter. Centaurus Financial Inc. now owns 18,637 shares of the company’s stock worth $931,000 after acquiring an additional 3,634 shares during the last quarter. Finally, Napa Wealth Management purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $1,231,000.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

(Get Free Report)

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.

Further Reading

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