Northeast Planning Associates INC. NH Acquires New Shares in JPMorgan Income ETF $JPIE

Northeast Planning Associates INC. NH acquired a new position in JPMorgan Income ETF (NYSEARCA:JPIE) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 46,259 shares of the company’s stock, valued at approximately $1,984,000. JPMorgan Income ETF accounts for 1.4% of Northeast Planning Associates INC. NH’s portfolio, making the stock its 22nd largest holding.

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

JPMorgan Income ETF Stock Up 0.0%

NYSEARCA:JPIE opened at $45.62 on Friday. JPMorgan Income ETF has a fifty-two week low of $45.54 and a fifty-two week high of $46.61. The company has a 50 day moving average price of $45.84 and a 200 day moving average price of $46.00.

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.