D Orazio & Associates Inc. Makes New Investment in JPMorgan Income ETF $JPIE

D Orazio & Associates Inc. acquired a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,064,683 shares of the company’s stock, valued at approximately $47,794,000. JPMorgan Income ETF accounts for 5.3% of D Orazio & Associates Inc.’s investment portfolio, making the stock its 2nd biggest holding. D Orazio & Associates Inc. owned 0.42% of JPMorgan Income ETF at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its position in JPMorgan Income ETF by 11.7% during the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock valued at $328,397,000 after purchasing an additional 747,797 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of JPMorgan Income ETF by 16.5% in the 1st quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock valued at $166,621,000 after purchasing an additional 513,347 shares in the last quarter. Waverly Advisors LLC boosted its holdings in shares of JPMorgan Income ETF by 7.1% in the 2nd quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock valued at $122,853,000 after purchasing an additional 176,274 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Income ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock worth $121,334,000 after buying an additional 31,981 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of JPMorgan Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock worth $105,405,000 after buying an additional 123,329 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.04 on Wednesday. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61. The business has a fifty day simple moving average of $45.11 and a 200 day simple moving average of $45.82.

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.