Masso Torrence Wealth Management Inc. Sells 57,366 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Masso Torrence Wealth Management Inc. lessened its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 93.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in JEPQ. Salomon & Ludwin LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $25,000. Pinnacle Bancorp Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $31,000. Hollencrest Capital Management bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $33,000. Sugar Maple Asset Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $41,000. Finally, Pin Oak Investment Advisors Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock worth $44,000 after acquiring an additional 575 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $57.43 on Wednesday. The firm has a fifty day moving average price of $57.14 and a 200 day moving average price of $55.14. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $58.31. The firm has a market cap of $22.21 billion, a PE 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. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.