Geneos Wealth Management Inc. Sells 98,078 Shares of JPMorgan Equity Premium Income ETF $JEPI

Geneos Wealth Management Inc. trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 34.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 187,738 shares of the company’s stock after selling 98,078 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,720,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JEPI. Mattern Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 1.8% in the 2nd quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after buying an additional 178 shares during the period. BOS Asset Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3.5% during the 3rd quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after buying an additional 178 shares in the last quarter. Highline Wealth Partners LLC boosted its position in JPMorgan Equity Premium Income ETF by 13.5% in the 2nd quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after buying an additional 180 shares during the period. First Horizon Advisors Inc. boosted its position in JPMorgan Equity Premium Income ETF by 9.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after buying an additional 183 shares during the period. Finally, SimpliFi Inc. grew its stake in JPMorgan Equity Premium Income ETF by 2.6% in the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after acquiring an additional 186 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $57.47 on Tuesday. The firm’s 50 day simple moving average is $57.19 and its 200-day simple moving average is $56.94. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73. The firm has a market cap of $41.62 billion, a PE ratio of 23.93 and a beta of 0.60.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.