Mason & Associates Inc Purchases 4,499 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Mason & Associates Inc boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 15.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,111 shares of the company’s stock after acquiring an additional 4,499 shares during the quarter. Mason & Associates Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,874,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 153.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,570 shares of the company’s stock worth $228,000 after buying an additional 2,770 shares during the period. Sunbelt Securities Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 666.1% during the 1st quarter. Sunbelt Securities Inc. now owns 8,504 shares of the company’s stock valued at $461,000 after purchasing an additional 7,394 shares during the period. Brookstone Capital Management raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 120.0% during the 1st quarter. Brookstone Capital Management now owns 33,698 shares of the company’s stock worth $1,828,000 after purchasing an additional 18,381 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $2,717,000. Finally, Procyon Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $1,086,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ traded up $0.23 during midday trading on Thursday, reaching $55.15. The company’s stock had a trading volume of 835,672 shares, compared to its average volume of 2,817,918. The firm has a 50 day moving average price of $54.01 and a two-hundred day moving average price of $53.85. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The firm has a market capitalization of $17.40 billion, a price-to-earnings 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 issued a dividend of $0.551 per share. This represents a $6.61 dividend on an annualized basis and a dividend yield of 11.99%. The ex-dividend date 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.