JPMorgan Equity Premium Income ETF $JEPI Position Increased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.0% in the second quarter, HoldingsChannel reports. The fund owned 285,816 shares of the company’s stock after buying an additional 47,712 shares during the period. Geneos Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $16,249,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC boosted its stake in JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after buying an additional 401,771,477 shares in the last quarter. Nationwide Fund Advisors purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $396,998,000. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after acquiring an additional 1,327,996 shares in the last quarter. Hamilton Capital LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $72,373,000. Finally, Bank of New York Mellon Corp raised its position in JPMorgan Equity Premium Income ETF by 191.5% during the second quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock valued at $97,120,000 after acquiring an additional 1,122,256 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

JPMorgan Equity Premium Income ETF stock opened at $57.73 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.73. The firm’s fifty day simple moving average is $56.98 and its 200-day simple moving average is $56.74. The company has a market capitalization of $41.32 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.