JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Short Interest Down 66.9% in July

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQGet Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,515,150 shares, a decline of 66.9% from the June 30th total of 10,626,490 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 6,392,197 shares, the days-to-cover ratio is currently 0.5 days.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $57.96 on Friday. The company has a market cap of $39.09 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $53.51 and a one year high of $61.72. The business’s fifty day moving average is $59.99 and its two-hundred day moving average is $58.71.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.6366 dividend. This represents a c) dividend on an annualized basis and a yield of 13.2%. The ex-dividend date of this dividend was Wednesday, July 1st.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

Several hedge funds have recently added to or reduced their stakes in JEPQ. GM Advisory Group LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the first quarter. GM Advisory Group LLC now owns 19,516 shares of the company’s stock valued at $1,084,000 after purchasing an additional 170 shares in the last quarter. Howard Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the fourth quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock valued at $214,000 after purchasing an additional 173 shares during the last quarter. Red Mountain Financial LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.3% during the 1st quarter. Red Mountain Financial LLC now owns 4,265 shares of the company’s stock worth $237,000 after purchasing an additional 175 shares in the last quarter. Montz Harcus Wealth Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock worth $243,000 after purchasing an additional 176 shares in the last quarter. Finally, CPC Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the 4th quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock worth $1,639,000 after purchasing an additional 178 shares during the last quarter.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.

Featured Stories

Receive News & Ratings for JPMorgan Nasdaq Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Nasdaq Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.