Next Level Private LLC Buys 7,633 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Next Level Private LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,399 shares of the company’s stock after buying an additional 7,633 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 1.8% of Next Level Private LLC’s portfolio, making the stock its 19th biggest holding. Next Level Private LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,453,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the period. Cetera Investment Advisers raised its stake in JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after purchasing an additional 52,301 shares during the period. Commonwealth Equity Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after purchasing an additional 285,180 shares during the period. HighTower Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares during the period. Finally, RiverFront Investment Group LLC raised its stake in JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of JEPI opened at $59.29 on Tuesday. The business’s 50 day moving average is $58.92 and its 200 day moving average is $58.55. The company has a market capitalization of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88.

About JPMorgan Equity Premium Income ETF

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.