JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Masso Torrence Wealth Management Inc.

Masso Torrence Wealth Management Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,271 shares of the company’s stock after buying an additional 1,521 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.8% of Masso Torrence Wealth Management Inc.’s portfolio, making the stock its 17th largest position. Masso Torrence Wealth Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,366,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Beacon Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $26,000. SJS Investment Consulting Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $28,000. CENTRAL TRUST Co acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $48,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $56,000. Finally, First Command Advisory Services Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.15 during trading hours on Friday, reaching $55.40. 2,666,075 shares of the company were exchanged, compared to its average volume of 2,823,833. The firm has a market cap of $17.48 billion, a PE ratio of 32.10 and a beta of -0.84. The stock’s fifty day moving average is $54.09 and its 200 day moving average is $53.87. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were issued a $0.551 dividend. This represents a $6.61 annualized dividend and a yield of 11.94%. The ex-dividend date of this dividend was Tuesday, October 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.