Geneos Wealth Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 13.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 247,324 shares of the company’s stock after acquiring an additional 29,019 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $14,018,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Equitable Holdings Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 3,477.6% in the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after purchasing an additional 1,801,951 shares during the period. Tableaux LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1,462.3% in the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after buying an additional 1,407,660 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 11.4% during the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after buying an additional 825,889 shares during the period. Tcfg Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after buying an additional 810,739 shares during the period. Finally, SHP Wealth Management acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $42,882,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA:JEPI opened at $56.62 on Thursday. The business’s fifty day moving average price is $56.13 and its two-hundred day moving average price is $57.29. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock has a market capitalization of $45.07 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.
JPMorgan Equity Premium Income ETF 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.
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