Tritonpoint Wealth LLC Acquires 4,799 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Tritonpoint Wealth LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,971 shares of the company’s stock after acquiring an additional 4,799 shares during the quarter. Tritonpoint Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,084,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Crowley Wealth Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth $32,000. Finally, Global Wealth Strategies & Associates bought a new position in JPMorgan Equity Premium Income ETF in the first quarter worth $36,000.

JPMorgan Equity Premium Income ETF Trading Down 0.7%

JEPI opened at $56.04 on Friday. The stock has a fifty day simple moving average of $55.26 and a two-hundred day simple moving average of $57.20. The company has a market cap of $39.89 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88.

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.