Next Level Private LLC Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Next Level Private LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,446 shares of the company’s stock after acquiring an additional 9,655 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.3% of Next Level Private LLC’s investment portfolio, making the stock its 23rd largest position. Next Level Private LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,334,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Morgan Stanley lifted its position in shares of JPMorgan Equity Premium Income ETF by 12.1% during the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after buying an additional 3,531,562 shares during the last quarter. Moneta Group Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $460,136,000. Royal Bank of Canada raised its position in shares of JPMorgan Equity Premium Income ETF by 15.3% in the 3rd quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after purchasing an additional 922,303 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of 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 valued at $340,041,000 after purchasing an additional 1,118,083 shares during the last quarter. Finally, UBS Group AG raised its position in shares of JPMorgan Equity Premium Income ETF by 21.5% in the 3rd quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after purchasing an additional 1,024,956 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.85 on Thursday. The firm has a market capitalization of $29.96 billion, a P/E ratio of 21.55 and a beta of 0.62. The company has a 50 day moving average price of $56.58 and a 200 day moving average price of $55.04. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.85.

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.