JPMorgan Income ETF $JPIE Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 25.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 266,874 shares of the company’s stock after purchasing an additional 54,424 shares during the quarter. NewEdge Advisors LLC owned approximately 0.14% of JPMorgan Income ETF worth $12,295,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Huntington National Bank purchased a new stake in JPMorgan Income ETF in the 4th quarter valued at about $26,000. Rice Partnership LLC acquired a new stake in shares of JPMorgan Income ETF in the first quarter worth approximately $30,000. Imprint Wealth LLC acquired a new stake in shares of JPMorgan Income ETF in the third quarter worth approximately $33,000. Torren Management LLC purchased a new stake in JPMorgan Income ETF in the first quarter valued at approximately $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Income ETF during the fourth quarter worth approximately $35,000.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $45.84 on Thursday. JPMorgan Income ETF has a 52-week low of $45.73 and a 52-week high of $46.61. The firm has a fifty day moving average of $45.93 and a 200-day moving average of $46.11.

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. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.