Endowment Wealth Management Inc. Cuts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Endowment Wealth Management Inc. cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,803 shares of the company’s stock after selling 392 shares during the quarter. Endowment Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $345,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mattern Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after purchasing an additional 174 shares during the last quarter. Empirical Asset Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares during the last quarter. FSC Wealth Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 2.9% in the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock valued at $384,000 after acquiring an additional 188 shares during the last quarter. Hixon Zuercher LLC boosted its stake in JPMorgan Equity Premium Income ETF by 3.7% in the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock valued at $302,000 after acquiring an additional 190 shares during the last quarter. Finally, Hudock Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after acquiring an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

JEPI opened at $60.02 on Thursday. The stock has a market cap of $35.22 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.10 and a twelve month high of $60.20. The company’s 50-day moving average price is $59.16 and its two-hundred day moving average price is $57.65.

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.