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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,280,000 shares, a drop of 25.1% from the February 13th total of 1,710,000 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 5,280,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of JPMorgan Nasdaq Equity Premium Income ETF

Several hedge funds have recently modified their holdings of JEPQ. Oppenheimer & Co. Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 114.9% during the third quarter. Oppenheimer & Co. Inc. now owns 48,549 shares of the company’s stock valued at $2,667,000 after acquiring an additional 25,957 shares during the last quarter. Sheaff Brock Investment Advisors LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 5.5% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 13,906 shares of the company’s stock valued at $764,000 after buying an additional 725 shares in the last quarter. Vishria Bird Financial Group LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $294,000. Turtle Creek Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $215,000. Finally, Thrivent Financial for Lutherans increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 35.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 39,248 shares of the company’s stock valued at $2,156,000 after purchasing an additional 10,360 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 2.3 %

JEPQ opened at $52.61 on Friday. The firm has a market cap of $22.42 billion, a price-to-earnings ratio of 30.59 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. The stock has a fifty day moving average price of $56.41 and a 200-day moving average price of $55.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.