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

Triumph Capital Management reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 28.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 41,235 shares of the company’s stock after selling 16,781 shares during the period. JPMorgan Equity Premium Income ETF makes up about 1.0% of Triumph Capital Management’s holdings, making the stock its 22nd largest holding. Triumph Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $2,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Perritt Capital Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares in the last quarter. Albion Financial Group UT boosted its position in shares of JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after acquiring an additional 670 shares during the last quarter. Capital Advisors Ltd. LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 79.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after acquiring an additional 291 shares during the last quarter. BOK Financial Private Wealth Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 400.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after acquiring an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded down $0.04 during midday trading on Wednesday, reaching $55.56. 1,624,836 shares of the stock traded hands, compared to its average volume of 3,532,475. The stock has a market capitalization of $32.55 billion, a PE ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The company’s 50 day moving average is $56.84 and its 200 day moving average is $55.45.

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.