Next Level Private LLC Acquires 9,655 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Next Level Private LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,446 shares of the company’s stock after acquiring an additional 9,655 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.3% of Next Level Private LLC’s holdings, making the stock its 23rd biggest holding. Next Level Private LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,334,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $460,136,000. Morgan Stanley grew its position in JPMorgan Equity Premium Income ETF by 27.5% in the 4th quarter. Morgan Stanley now owns 21,184,968 shares of the company’s stock worth $1,154,369,000 after purchasing an additional 4,567,129 shares in the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 41.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock worth $295,715,000 after purchasing an additional 1,618,295 shares in the last quarter. Bank of New York Mellon Corp grew its position in JPMorgan Equity Premium Income ETF by 1,421.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock worth $82,288,000 after purchasing an additional 1,435,379 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in JPMorgan Equity Premium Income ETF by 22.2% in the 2nd quarter. Osaic Holdings Inc. now owns 6,150,578 shares of the company’s stock worth $340,041,000 after purchasing an additional 1,118,083 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

JEPI opened at $57.85 on Thursday. The stock has a market cap of $29.96 billion, a price-to-earnings ratio of 21.55 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.85. The company’s 50-day moving average price is $56.58 and its two-hundred day moving average price is $55.04.

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.