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

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was the recipient of a significant drop in short interest during 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. Based on an average daily volume of 5,280,600 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Lighthouse Financial LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $9,266,000. Castle Rock Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.9% during the 4th quarter. Castle Rock Wealth Management LLC now owns 10,012 shares of the company’s stock valued at $583,000 after acquiring an additional 375 shares during the period. Park Square Financial Group LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $257,000. Skyline Advisors Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $549,000. Finally, Tiptree Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $5,038,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 2.3 %

Shares of NASDAQ JEPQ opened at $52.61 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54. The business’s 50 day moving average price is $56.41 and its 200 day moving average price is $55.84. The firm has a market cap of $22.42 billion, a P/E ratio of 30.59 and a beta of 0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.