Endowment Wealth Management Inc. Raises Holdings in JPMorgan Equity Premium Income ETF $JEPI

Endowment Wealth Management Inc. increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,277 shares of the company’s stock after acquiring an additional 769 shares during the period. Endowment Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $414,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. grew its position in JPMorgan Equity Premium Income ETF by 12.1% in the first quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after acquiring an additional 504 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.5% during the first quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock valued at $447,000 after buying an additional 192 shares during the period. GAMMA Investing LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock valued at $7,460,000 after buying an additional 9,934 shares during the period. Coastline Trust Co boosted its position in shares of JPMorgan Equity Premium Income ETF by 14.0% during the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after buying an additional 243 shares during the period. Finally, Grandview Asset Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 8.6% during the second quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock valued at $851,000 after buying an additional 1,181 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.00 on Monday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The business has a 50 day simple moving average of $56.77 and a two-hundred day simple moving average of $56.10. The firm has a market capitalization of $40.52 billion, a PE ratio of 23.93 and a beta of 0.62.

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.