InTrack Investment Management Inc Has $3.27 Million Stock Holdings in JPMorgan Income ETF $JPIE

InTrack Investment Management Inc grew its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 66.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 70,941 shares of the company’s stock after buying an additional 28,378 shares during the quarter. JPMorgan Income ETF accounts for approximately 1.6% of InTrack Investment Management Inc’s holdings, making the stock its 21st biggest holding. InTrack Investment Management Inc’s holdings in JPMorgan Income ETF were worth $3,267,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Coppell Advisory Solutions LLC acquired a new stake in shares of JPMorgan Income ETF during the 2nd quarter valued at about $592,000. Rehmann Capital Advisory Group acquired a new position in JPMorgan Income ETF in the second quarter worth about $1,250,000. Trust Co. of Vermont acquired a new position in JPMorgan Income ETF in the second quarter worth about $95,000. Beacon Bank & Trust lifted its stake in JPMorgan Income ETF by 12.6% during the second quarter. Beacon Bank & Trust now owns 106,930 shares of the company’s stock worth $4,924,000 after purchasing an additional 11,956 shares during the period. Finally, Hudson Value Partners LLC lifted its stake in JPMorgan Income ETF by 4.7% during the second quarter. Hudson Value Partners LLC now owns 15,324 shares of the company’s stock worth $706,000 after purchasing an additional 689 shares during the period.

JPMorgan Income ETF Stock Up 0.1%

NYSEARCA JPIE opened at $45.60 on Thursday. JPMorgan Income ETF has a 1-year low of $45.54 and a 1-year high of $46.61. The stock’s 50 day moving average is $45.86 and its two-hundred day moving average is $46.01.

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.