Northwestern Mutual Wealth Management Co. Buys 201,782 Shares of JPMorgan Equity Premium Income ETF $JEPI

Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,033,921 shares of the company’s stock after acquiring an additional 201,782 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.43% of JPMorgan Equity Premium Income ETF worth $173,358,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPI. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 6,084.5% in the 1st quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock worth $426,292,000 after acquiring an additional 7,339,853 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $53,537,000. Raymond James Financial Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after acquiring an additional 833,285 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 18.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock worth $280,174,000 after acquiring an additional 778,433 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.37 on Friday. The firm has a market cap of $41.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. 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 50-day moving average price of $56.61 and a two-hundred day moving average price of $56.47.

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.