Bristlecone Advisors LLC Increases Holdings in JPMorgan Equity Premium Income ETF $JEPI

Bristlecone Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 56,778 shares of the company’s stock after acquiring an additional 2,383 shares during the period. Bristlecone Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,228,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JEPI. Mather Group LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at about $25,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $29,000. Millstone Evans Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Trading Down 0.6%

Shares of JEPI stock opened at $57.23 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The stock’s 50-day moving average price is $56.95 and its 200-day moving average price is $56.33. The stock has a market capitalization of $41.05 billion, a price-to-earnings 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.