JPMorgan Income ETF $JPIE Stock Bought by Lineweaver Wealth Advisors LLC

Lineweaver Wealth Advisors LLC grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 3.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 555,932 shares of the company’s stock after purchasing an additional 18,546 shares during the period. JPMorgan Income ETF comprises approximately 2.9% of Lineweaver Wealth Advisors LLC’s holdings, making the stock its 8th largest holding. Lineweaver Wealth Advisors LLC’s holdings in JPMorgan Income ETF were worth $24,956,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Archer Investment Corp raised its holdings in JPMorgan Income ETF by 9.1% during the first quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock worth $165,000 after acquiring an additional 297 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its position in shares of JPMorgan Income ETF by 7.4% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 5,643 shares of the company’s stock worth $260,000 after purchasing an additional 391 shares during the last quarter. Stephens Inc. AR raised its stake in shares of JPMorgan Income ETF by 6.1% during the 1st quarter. Stephens Inc. AR now owns 6,945 shares of the company’s stock worth $320,000 after purchasing an additional 400 shares in the last quarter. Blue Chip Partners LLC raised its stake in shares of JPMorgan Income ETF by 0.3% during the 1st quarter. Blue Chip Partners LLC now owns 147,558 shares of the company’s stock worth $6,798,000 after purchasing an additional 494 shares in the last quarter. Finally, GHP Investment Advisors Inc. raised its stake in shares of JPMorgan Income ETF by 102.0% during the 1st quarter. GHP Investment Advisors Inc. now owns 1,010 shares of the company’s stock worth $47,000 after purchasing an additional 510 shares in the last quarter.

JPMorgan Income ETF Trading Down 0.0%

Shares of NYSEARCA JPIE traded down $0.01 during trading hours on Tuesday, hitting $44.80. The company had a trading volume of 1,850,773 shares, compared to its average volume of 1,513,977. JPMorgan Income ETF has a 1-year low of $44.58 and a 1-year high of $46.61. The firm’s 50 day moving average is $45.45 and its 200-day moving average is $45.79.

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.