Harvest Investment Services LLC Increases Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Harvest Investment Services LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 86.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,061 shares of the company’s stock after purchasing an additional 3,727 shares during the quarter. Harvest Investment Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $454,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in JEPQ. Mainstream Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $28,000. O Shaughnessy Asset Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock worth $28,000 after purchasing an additional 254 shares during the period. Crewe Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after buying an additional 309 shares during the last quarter. Pinnacle Bancorp Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Finally, Kestra Investment Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 2.3 %

NASDAQ JEPQ opened at $48.77 on Wednesday. The stock has a market capitalization of $22.26 billion, a P/E ratio of 28.28 and a beta of -0.84. The firm has a 50-day moving average price of $52.44 and a 200 day moving average price of $55.16. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.5407 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. The ex-dividend date was Tuesday, April 1st. This represents a $6.49 annualized dividend and a yield of 13.30%.

JPMorgan Nasdaq Equity Premium Income ETF 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.