Kestra Advisory Services LLC Purchases 195,290 Shares of JPMorgan Income ETF $JPIE

Kestra Advisory Services LLC boosted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 165.0% during the 1st quarter, HoldingsChannel reports. The firm owned 313,650 shares of the company’s stock after buying an additional 195,290 shares during the period. Kestra Advisory Services LLC’s holdings in JPMorgan Income ETF were worth $14,450,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JPIE. Huntington National Bank purchased a new stake in shares of JPMorgan Income ETF in the 4th quarter worth $26,000. Imprint Wealth LLC bought a new position in shares of JPMorgan Income ETF during the 3rd quarter worth $33,000. MidAtlantic Capital Management Inc. purchased a new position in shares of JPMorgan Income ETF during the fourth quarter valued at $35,000. Central Pacific Bank Trust Division purchased a new position in shares of JPMorgan Income ETF during the fourth quarter valued at $35,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of JPMorgan Income ETF by 351.6% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 849 shares of the company’s stock valued at $39,000 after acquiring an additional 661 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPIE stock remained flat at $45.87 on Friday. The company had a trading volume of 1,053,566 shares, compared to its average volume of 1,436,194. JPMorgan Income ETF has a 12-month low of $45.77 and a 12-month high of $46.61. The business has a 50 day moving average price of $45.96 and a 200 day moving average price of $46.16.

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.