Geneos Wealth Management Inc. Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Geneos Wealth Management Inc. raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 233,664 shares of the company’s stock after purchasing an additional 2,421 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $13,443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers boosted its holdings in JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares during the period. Commonwealth Equity Services LLC grew its position in JPMorgan Equity Premium Income ETF by 8.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after acquiring an additional 285,180 shares in the last quarter. HighTower Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares during the period. Finally, RiverFront Investment Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after purchasing an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.10 on Friday. The firm has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50 day simple moving average of $58.93 and a 200-day simple moving average of $58.50. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year 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.