Summit Wealth Group LLC Co. Buys Shares of 18,834 JPMorgan Income ETF $JPIE

Summit Wealth Group LLC Co. bought a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 18,834 shares of the company’s stock, valued at approximately $872,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPIE. Sequoia Financial Advisors LLC lifted its holdings in JPMorgan Income ETF by 71.0% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock valued at $213,930,000 after purchasing an additional 1,914,053 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in JPMorgan Income ETF by 52.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after purchasing an additional 839,269 shares in the last quarter. Williams Financial LLC lifted its holdings in shares of JPMorgan Income ETF by 131.0% during the 4th quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock worth $48,776,000 after acquiring an additional 597,595 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Income ETF by 8.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock worth $344,800,000 after acquiring an additional 578,800 shares during the period. Finally, Heritage Financial Services LLC lifted its holdings in shares of JPMorgan Income ETF by 23.6% during the 4th quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock worth $131,863,000 after acquiring an additional 543,246 shares during the period.

JPMorgan Income ETF Trading Down 0.1%

Shares of JPIE stock opened at $45.97 on Wednesday. JPMorgan Income ETF has a 1-year low of $45.69 and a 1-year high of $46.61. The firm’s 50-day simple moving average is $46.09 and its 200-day simple moving average is $46.28.

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.