Triumph Capital Management Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Triumph Capital Management grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,235 shares of the company’s stock after buying an additional 6,981 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 0.9% of Triumph Capital Management’s investment portfolio, making the stock its 25th largest position. Triumph Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $2,717,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in JEPI. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Tallon Kerry Patrick purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $1,774,000. Ritholtz Wealth Management boosted its position in shares of JPMorgan Equity Premium Income ETF by 32.8% during the 4th quarter. Ritholtz Wealth Management now owns 7,635 shares of the company’s stock worth $439,000 after purchasing an additional 1,885 shares during the period. Empirical Asset Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 211.7% during the 4th quarter. Empirical Asset Management LLC now owns 14,571 shares of the company’s stock worth $838,000 after purchasing an additional 9,896 shares during the period. Finally, Capital & Planning LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 16.3% during the 4th quarter. Capital & Planning LLC now owns 9,720 shares of the company’s stock worth $563,000 after purchasing an additional 1,360 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.24 on Friday. The stock has a market capitalization of $39.74 billion, a P/E ratio of 24.55 and a beta of 0.61. The company has a 50 day moving average price of $55.37 and a 200 day moving average price of $57.71. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week 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.