Triton Wealth Management PLLC Boosts Holdings in JPMorgan Equity Premium Income ETF $JEPI

Triton Wealth Management PLLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 90.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,678 shares of the company’s stock after buying an additional 14,579 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 0.7% of Triton Wealth Management PLLC’s investment portfolio, making the stock its 27th largest position. Triton Wealth Management PLLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,785,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPI. FNY Investment Advisers LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. EQ Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $29,000. BTG Pactual Asset Management US LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $31,000. Logan Capital Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $33,000. Finally, VSM Wealth Advisory LLC raised its stake in JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $55.99 on Friday. The stock has a market cap of $44.36 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1 year low of $55.15 and a 1 year high of $59.90. The firm’s 50 day moving average price is $57.06 and its 200-day moving average price is $57.59.

About JPMorgan Equity Premium Income ETF

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income. JEPI was launched on May 20, 2020 and is managed by JPMorgan.