JPMorgan Nasdaq Equity Premium Income ETF Target of Unusually High Options Trading (NASDAQ:JEPQ)

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was the target of some unusual options trading on Tuesday. Investors purchased 4,040 put options on the stock. This represents an increase of 82% compared to the typical volume of 2,221 put options.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ traded down $0.69 during trading hours on Tuesday, hitting $52.19. The stock had a trading volume of 2,787,407 shares, compared to its average volume of 3,612,439. The firm’s 50-day moving average price is $56.31 and its two-hundred day moving average price is $55.85. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54. The company has a market capitalization of $20.55 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 announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given 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 was Monday, March 3rd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 54.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,059,209 shares of the company’s stock worth $59,718,000 after buying an additional 374,285 shares during the last quarter. Lighthouse Financial LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $9,266,000. Castle Rock Wealth Management LLC increased its holdings 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 last quarter. Park Square Financial Group LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $257,000. Finally, Skyline Advisors Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $549,000.

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.