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

Next Level Private LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,399 shares of the company’s stock after acquiring an additional 7,633 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 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 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $25,000. Ulland Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Running Point Capital Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co increased its position in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.29 on Tuesday. The company has a market cap of $34.79 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average price is $58.92 and its 200-day moving average price is $58.55. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.