Founders Financial Securities LLC raised its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 9.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 189,908 shares of the company’s stock after buying an additional 16,893 shares during the quarter. Founders Financial Securities LLC’s holdings in JPMorgan Income ETF were worth $8,753,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Huntington National Bank bought a new stake in shares of JPMorgan Income ETF during the 4th quarter worth approximately $26,000. Imprint Wealth LLC bought a new position in JPMorgan Income ETF in the third quarter valued at approximately $33,000. Central Pacific Bank Trust Division bought a new position in JPMorgan Income ETF in the fourth quarter valued at approximately $35,000. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Income ETF in the fourth quarter valued at approximately $35,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in JPMorgan Income ETF by 351.6% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 849 shares of the company’s stock valued at $39,000 after purchasing an additional 661 shares in the last quarter.
JPMorgan Income ETF Stock Performance
NYSEARCA JPIE opened at $45.95 on Friday. The business has a fifty day moving average price of $46.03 and a two-hundred day moving average price of $46.20. JPMorgan Income ETF has a fifty-two week low of $45.77 and a fifty-two week high of $46.61.
About JPMorgan Income ETF
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.
Featured Stories
- Five stocks we like better than JPMorgan Income ETF
- SpaceX Was Just the Beginning—2 More Massive IPOs Are on Deck
- 3 Retail Winners Using Cash Flow to Stay Ahead
- 3 Tech ETFs That Could Bounce Back After the AI Selloff
- 3 Penny Stocks Under $5 Backed by Real Revenue Growth
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.
