Geneos Wealth Management Inc. Purchases 30,567 Shares of JPMorgan Equity Premium Income ETF $JEPI

Geneos Wealth Management Inc. boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 218,305 shares of the company’s stock after purchasing an additional 30,567 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $12,496,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in JPMorgan Equity Premium Income ETF by 2.1% in the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after purchasing an additional 493,639 shares in the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 2.8% in the third quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after purchasing an additional 201,202 shares in the last quarter. Nationwide Fund Advisors raised its holdings in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after purchasing an additional 51,190 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 5.0% in the second quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock worth $190,893,000 after purchasing an additional 158,645 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

JEPI opened at $57.59 on Friday. The stock has a fifty day simple moving average of $57.79 and a two-hundred day simple moving average of $57.62. The company has a market cap of $45.19 billion, a price-to-earnings ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a 12-month low of $54.24 and a 12-month high of $59.90.

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.