Talon Private Wealth LLC Increases Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Talon Private Wealth LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,735.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,586 shares of the company’s stock after buying an additional 92,269 shares during the quarter. Talon Private Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Rice Partnership LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares in the last quarter. Providence Capital Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $26,000. NBH Bank acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $27,000. Advocate Investing Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth $28,000. Finally, Monetary Solutions Ltd purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth $30,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI traded up $0.39 during trading hours on Friday, hitting $56.65. The company had a trading volume of 3,589,580 shares, compared to its average volume of 5,273,699. The firm’s 50 day moving average is $57.24 and its 200 day moving average is $56.98. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The company has a market capitalization of $45.18 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company Profile

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.