45,572 Shares in JPMorgan Income ETF $JPIE Bought by Western Wealth Management LLC

Western Wealth Management LLC bought a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,572 shares of the company’s stock, valued at approximately $2,099,000.

Other large investors have also recently bought and sold shares of the company. Huntington National Bank acquired a new position in shares of JPMorgan Income ETF during the 4th quarter worth about $26,000. Rice Partnership LLC purchased a new position in shares of JPMorgan Income ETF in the 1st quarter valued at about $30,000. Imprint Wealth LLC purchased a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at about $33,000. Torren Management LLC acquired a new stake in shares of JPMorgan Income ETF during the 1st quarter worth about $34,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Income ETF during the 4th quarter worth about $35,000.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $45.84 on Friday. The business has a 50 day moving average price of $45.92 and a 200 day moving average price of $46.11. JPMorgan Income ETF has a fifty-two week low of $45.73 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.