Endowment Wealth Management Inc. Buys 769 Shares of JPMorgan Equity Premium Income ETF $JEPI

Endowment Wealth Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,277 shares of the company’s stock after buying 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 have also bought and sold shares of the company. Mather Group LLC. purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $25,000. Millstone Evans Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.00 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The firm has a market capitalization of $40.52 billion, a PE ratio of 23.93 and a beta of 0.62. The stock has a fifty day simple moving average of $56.77 and a two-hundred day simple moving average of $56.10.

JPMorgan Equity Premium Income ETF Company 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.