Endowment Wealth Management Inc. Buys 356 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Endowment Wealth Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,159 shares of the company’s stock after purchasing an additional 356 shares during the period. Endowment Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $354,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Avantax Planning Partners Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.9% in the 4th quarter. Avantax Planning Partners Inc. now owns 344,053 shares of the company’s stock worth $19,793,000 after buying an additional 6,334 shares in the last quarter. Riverbend Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $1,919,000. Meriwether Wealth & Planning LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $265,000. Johnson Investment Counsel Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $1,522,000. Finally, Lowery Thomas LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 8.1% in the 4th quarter. Lowery Thomas LLC now owns 75,411 shares of the company’s stock worth $4,338,000 after buying an additional 5,669 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $57.39 on Tuesday. The firm has a market cap of $38.36 billion, a PE ratio of 25.75 and a beta of 0.61. The stock’s 50 day simple moving average is $58.59 and its 200 day simple moving average is $58.98. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.