Harbor Investment Advisory LLC Has $657,000 Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Harbor Investment Advisory LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 31.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,954 shares of the company’s stock after acquiring an additional 2,858 shares during the period. Harbor Investment Advisory LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $657,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. LPL Financial LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock worth $400,539,000 after acquiring an additional 1,017,261 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after acquiring an additional 174,473 shares during the period. Osaic Holdings Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock worth $129,587,000 after acquiring an additional 493,420 shares during the period. RiverFront Investment Group LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the second quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock worth $124,476,000 after acquiring an additional 105,765 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after acquiring an additional 292,808 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.8 %

Shares of JEPQ stock opened at $54.37 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18. The firm’s fifty day moving average price is $53.15 and its two-hundred day moving average price is $53.76. The firm has a market capitalization of $16.79 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.16%.

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.