Masso Torrence Wealth Management Inc. Trims Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Masso Torrence Wealth Management Inc. decreased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 93.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,905 shares of the company’s stock after selling 57,366 shares during the period. Masso Torrence Wealth Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $220,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPQ. Glen Eagle Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the third quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after buying an additional 188 shares during the period. Fortis Advisors LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock valued at $405,000 after acquiring an additional 198 shares during the period. Mayflower Financial Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock worth $282,000 after acquiring an additional 200 shares in the last quarter. Lifestyle Asset Management Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock worth $3,195,000 after purchasing an additional 217 shares during the last quarter. Finally, XML Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.6% during the 4th quarter. XML Financial LLC now owns 5,105 shares of the company’s stock worth $288,000 after purchasing an additional 225 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.2 %

Shares of JEPQ opened at $57.43 on Wednesday. The company has a 50 day moving average of $57.14 and a two-hundred day moving average of $55.14. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.31. The company has a market cap of $22.21 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.