McCarthy & Cox Acquires 12,996 Shares of JPMorgan Income ETF $JPIE

McCarthy & Cox boosted its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 12.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 120,387 shares of the company’s stock after purchasing an additional 12,996 shares during the period. JPMorgan Income ETF comprises 1.3% of McCarthy & Cox’s portfolio, making the stock its 13th biggest holding. McCarthy & Cox’s holdings in JPMorgan Income ETF were worth $5,587,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Income ETF by 35.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,850,626 shares of the company’s stock valued at $317,321,000 after purchasing an additional 1,783,134 shares during the period. Savant Capital LLC boosted its stake in JPMorgan Income ETF by 28.5% in the 2nd quarter. Savant Capital LLC now owns 3,210,220 shares of the company’s stock valued at $148,697,000 after buying an additional 712,653 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in JPMorgan Income ETF by 24.8% in the second quarter. Sequoia Financial Advisors LLC now owns 2,695,517 shares of the company’s stock valued at $124,856,000 after acquiring an additional 536,335 shares during the period. Heritage Financial Services LLC raised its stake in JPMorgan Income ETF by 1.1% during the second quarter. Heritage Financial Services LLC now owns 2,205,824 shares of the company’s stock worth $102,174,000 after acquiring an additional 23,079 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in JPMorgan Income ETF by 15.7% during the second quarter. Bank of America Corp DE now owns 2,164,650 shares of the company’s stock worth $100,267,000 after acquiring an additional 293,600 shares in the last quarter.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE opened at $46.43 on Monday. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57. The company’s fifty day moving average is $46.33 and its 200-day moving average is $46.27.

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.