Triton Wealth Management PLLC Purchases 14,579 Shares of JPMorgan Equity Premium Income ETF $JEPI

Triton Wealth Management PLLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 90.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,678 shares of the company’s stock after purchasing 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 biggest holding. Triton Wealth Management PLLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,785,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. Bank of America Corp DE boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after acquiring an additional 690,960 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after acquiring an additional 493,639 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.8% during the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock valued at $415,310,000 after acquiring an additional 201,202 shares during the last quarter. Nationwide Fund Advisors boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock valued at $405,826,000 after acquiring an additional 51,190 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.0% during the 2nd quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock valued at $190,893,000 after acquiring an additional 158,645 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of NYSEARCA JEPI opened at $55.99 on Friday. The firm’s 50-day moving average price is $57.06 and its 200-day moving average price is $57.59. The company has a market cap of $44.36 billion, a PE ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 52-week low of $55.15 and a 52-week high of $59.90.

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.