Richard W. Paul & Associates LLC Has $9.24 Million Stake in JPMorgan Income ETF $JPIE

Richard W. Paul & Associates LLC boosted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 1.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 199,408 shares of the company’s stock after acquiring an additional 3,590 shares during the period. JPMorgan Income ETF accounts for 3.3% of Richard W. Paul & Associates LLC’s portfolio, making the stock its 7th largest holding. Richard W. Paul & Associates LLC’s holdings in JPMorgan Income ETF were worth $9,237,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of JPIE. Journey Strategic Wealth LLC boosted its holdings in shares of JPMorgan Income ETF by 23.2% during the 2nd quarter. Journey Strategic Wealth LLC now owns 215,267 shares of the company’s stock valued at $9,971,000 after purchasing an additional 40,523 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Income ETF by 35.2% in the second quarter. JPMorgan Chase & Co. now owns 6,850,626 shares of the company’s stock worth $317,321,000 after buying an additional 1,783,134 shares in the last quarter. PKS Advisory Services LLC lifted its position in shares of JPMorgan Income ETF by 23.4% in the second quarter. PKS Advisory Services LLC now owns 7,166 shares of the company’s stock worth $332,000 after buying an additional 1,360 shares in the last quarter. Alteri Wealth LLC bought a new position in JPMorgan Income ETF during the second quarter valued at approximately $215,000. Finally, Sequoia Financial Advisors LLC grew its holdings in JPMorgan Income ETF by 24.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock valued at $124,856,000 after buying an additional 536,335 shares in the last quarter.

JPMorgan Income ETF Stock Up 0.2%

NYSEARCA:JPIE opened at $46.37 on Friday. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.57. The stock’s 50 day simple moving average is $46.34 and its two-hundred day simple moving average is $46.19.

JPMorgan Income ETF Company Profile

The JPMorgan Income ETF (JPIE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund that allocates exposure among various fixed income markets and sectors. The fund seeks to provide yield with lower volatility and aims to generate monthly distributions.