JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Bristlecone Advisors LLC

Bristlecone Advisors LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% in the fourth quarter, HoldingsChannel reports. The fund owned 55,338 shares of the company’s stock after selling 1,180 shares during the quarter. Bristlecone Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,184,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after purchasing an additional 1,273,452 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $51,202,000. World Investment Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after acquiring an additional 711,094 shares during the last quarter. Finally, Marks Wealth LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $58.79 on Monday. The stock has a 50 day moving average price of $58.68 and a 200 day moving average price of $58.67. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market capitalization of $34.50 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.