Everest Financial Group LLC Has $2.82 Million Holdings in JPMorgan Income ETF $JPIE

Everest Financial Group LLC grew its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 54.1% during the first quarter, HoldingsChannel.com reports. The firm owned 61,307 shares of the company’s stock after acquiring an additional 21,522 shares during the quarter. Everest Financial Group LLC’s holdings in JPMorgan Income ETF were worth $2,824,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Huntington National Bank acquired a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $26,000. Rice Partnership LLC acquired a new stake in JPMorgan Income ETF during the first quarter worth approximately $30,000. Imprint Wealth LLC acquired a new stake in JPMorgan Income ETF during the third quarter worth approximately $33,000. Torren Management LLC bought a new position in JPMorgan Income ETF during the 1st quarter worth $34,000. Finally, MidAtlantic Capital Management Inc. bought a new position in JPMorgan Income ETF during the 4th quarter worth $35,000.

JPMorgan Income ETF Stock Up 0.1%

Shares of NYSEARCA JPIE opened at $45.79 on Friday. The business has a fifty day moving average price of $45.93 and a two-hundred day moving average price of $46.12. JPMorgan Income ETF has a fifty-two week low of $45.73 and a fifty-two week high of $46.61.

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.