19,771 Shares in JPMorgan Income ETF $JPIE Purchased by Client First Investment Management LLC

Client First Investment Management LLC acquired a new position in JPMorgan Income ETF (NYSEARCA:JPIE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 19,771 shares of the company’s stock, valued at approximately $910,000. JPMorgan Income ETF accounts for about 0.4% of Client First Investment Management LLC’s portfolio, making the stock its 25th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPIE. JPMorgan Chase & Co. grew its position in shares of JPMorgan Income ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 7,731,323 shares of the company’s stock valued at $357,883,000 after acquiring an additional 301,897 shares during the period. Morgan Stanley raised its holdings in shares of JPMorgan Income ETF by 25.8% in the 4th quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock worth $314,310,000 after purchasing an additional 1,393,857 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of JPMorgan Income ETF by 14.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock worth $294,089,000 after purchasing an additional 791,361 shares during the period. Wells Fargo & Company MN lifted its stake in JPMorgan Income ETF by 45.9% in the fourth quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock valued at $174,009,000 after purchasing an additional 1,181,828 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in JPMorgan Income ETF by 16.5% in the first 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 during the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA JPIE opened at $45.84 on Friday. The stock has a fifty day simple moving average of $45.90 and a two-hundred day simple moving average of $46.08. JPMorgan Income ETF has a 1-year low of $45.65 and a 1-year high of $46.61.

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.