JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Short Interest Down 18.3% in November

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 1,340,000 shares, a decline of 18.3% from the November 15th total of 1,640,000 shares. Based on an average trading volume of 3,118,400 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Cornerstone Wealth Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $225,000. Raymond James & Associates raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the second quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after buying an additional 303,680 shares in the last quarter. Western Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after acquiring an additional 1,893 shares during the period. Creative Planning raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.4% in the third quarter. Creative Planning now owns 23,608 shares of the company’s stock valued at $1,297,000 after purchasing an additional 2,966 shares in the last quarter. Finally, Granite Bay Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $2,144,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

Shares of JEPQ stock traded up $0.13 during trading hours on Friday, hitting $57.85. 3,346,168 shares of the company were exchanged, compared to its average volume of 2,927,808. The business has a 50 day moving average of $56.02 and a two-hundred day moving average of $54.69. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $57.99. The company has a market capitalization of $18.66 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, December 2nd were given a dividend of $0.5083 per share. The ex-dividend date of this dividend was Monday, December 2nd. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42.

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.