Cauble & Harre Wealth Management Inc. bought a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 102,590 shares of the company’s stock, valued at approximately $4,771,000. JPMorgan Income ETF makes up 4.0% of Cauble & Harre Wealth Management Inc.’s investment portfolio, making the stock its 8th biggest holding. Cauble & Harre Wealth Management Inc. owned 0.06% of JPMorgan Income ETF as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently added to or reduced their stakes in JPIE. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Income ETF by 8.4% during the third quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock worth $344,800,000 after buying an additional 578,800 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in JPMorgan Income ETF by 21.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after buying an additional 982,593 shares during the period. Savant Capital LLC raised its stake in JPMorgan Income ETF by 10.2% in the 3rd quarter. Savant Capital LLC now owns 3,538,263 shares of the company’s stock valued at $164,211,000 after acquiring an additional 328,043 shares during the period. Heritage Financial Services LLC raised its position in shares of JPMorgan Income ETF by 23.6% in the fourth quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after purchasing an additional 543,246 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in JPMorgan Income ETF by 52.5% during the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock worth $113,152,000 after acquiring an additional 839,269 shares during the last quarter.
JPMorgan Income ETF Price Performance
NYSEARCA:JPIE opened at $45.86 on Friday. JPMorgan Income ETF has a 1-year low of $45.75 and a 1-year high of $46.61. The stock has a 50 day simple moving average of $46.07 and a 200 day simple moving average of $46.27.
JPMorgan Income ETF 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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.
Further Reading
- Five stocks we like better than JPMorgan Income ETF
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIE – Free Report).
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
