JPMorgan Nasdaq Equity Premium Income ETF Sees Significant Inflow
This week, the JPMorgan Nasdaq Equity Premium Income ETF (Symbol: JEPQ) has emerged as a notable contender in the ETF landscape. The fund experienced an inflow of approximately $305.3 million, marking a week-over-week increase of 1.2% in outstanding units—from 476,025,000 to 481,850,000.
Underlying Components Performance
Among JEPQ’s largest underlying holdings, Intuit Inc (Symbol: INTU) has risen by about 0.6%, while Intuitive Surgical Inc (Symbol: ISRG) has declined approximately 1.5%. Booking Holdings Inc (Symbol: BKNG) has remained relatively stable.
For a detailed overview of JEPQ’s holdings, visit the JEPQ Holdings page.
Price Performance Insights
The chart below illustrates JEPQ’s one-year price performance compared to its 200-day moving average:
Looking closely at the chart, JEPQ recorded a 52-week low of $44.31 per share, with a high of $58.54. The latest trade stands at $52.35. Analyzing the relationship between the current share price and the 200-day moving average can offer valuable insights into market trends.
Understanding ETF Mechanics
Exchange-traded funds (ETFs) operate similarly to stocks, with investors buying and selling “units” rather than “shares.” These units can be traded like stocks but may also be created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs with significant inflows or outflows. Creating new units indicates that the ETF’s underlying holdings must be purchased, while selling existing units involves liquidating holdings. Thus, large flows can have a meaningful impact on the individual components within ETFs.
For additional insights, click to explore which other ETFs experienced notable inflows this week.
Additional Resources:
- Top Ten Hedge Funds Holding SLCA
- Institutional Holders of AYN
- UA Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
