Cadent Capital Advisors LLC Buys New Stake in JPMorgan Income ETF $JPIE

Cadent Capital Advisors LLC bought a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 266,483 shares of the company’s stock, valued at approximately $11,962,000. JPMorgan Income ETF comprises about 2.6% of Cadent Capital Advisors LLC’s portfolio, making the stock its 9th biggest holding. Cadent Capital Advisors LLC owned 0.11% of JPMorgan Income ETF at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in shares of JPMorgan Income ETF by 1,680.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock worth $52,399,000 after purchasing an additional 1,068,410 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of JPMorgan Income ETF by 301.2% during the first quarter. Arkadios Wealth Advisors now owns 1,203,036 shares of the company’s stock worth $55,424,000 after acquiring an additional 903,176 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of JPMorgan Income ETF by 14.2% during the first quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock worth $294,089,000 after acquiring an additional 791,361 shares during the last quarter. Leverty Financial Group LLC lifted its stake in shares of JPMorgan Income ETF by 335.8% in the third quarter. Leverty Financial Group LLC now owns 977,616 shares of the company’s stock worth $43,885,000 after acquiring an additional 753,292 shares during the period. Finally, Resonant Capital Advisors LLC bought a new position in JPMorgan Income ETF during the 1st quarter worth approximately $24,987,000.

JPMorgan Income ETF Price Performance

JPIE stock traded down $0.04 during midday trading on Friday, hitting $44.81. The stock had a trading volume of 528,533 shares, compared to its average volume of 1,511,004. JPMorgan Income ETF has a 1-year low of $44.58 and a 1-year high of $46.61. The business has a fifty day moving average price of $45.49 and a two-hundred day moving average price of $45.80.

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.