MorganRosel Wealth Management LLC Has $6.86 Million Position in JPMorgan Income ETF $JPIE

MorganRosel Wealth Management LLC grew its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 22.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 147,741 shares of the company’s stock after purchasing an additional 27,107 shares during the quarter. JPMorgan Income ETF makes up 1.8% of MorganRosel Wealth Management LLC’s holdings, making the stock its 20th biggest holding. MorganRosel Wealth Management LLC owned approximately 0.12% of JPMorgan Income ETF worth $6,857,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Parkworth Wealth Management Inc. bought a new position in JPMorgan Income ETF in the 2nd quarter valued at approximately $29,000. Total Investment Management Inc. acquired a new position in JPMorgan Income ETF in the 2nd quarter valued at approximately $37,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of JPMorgan Income ETF during the second quarter valued at $62,000. Newbridge Financial Services Group Inc. raised its stake in shares of JPMorgan Income ETF by 43.9% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,482 shares of the company’s stock valued at $69,000 after acquiring an additional 452 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 26.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after purchasing an additional 343 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $46.34 on Monday. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.57. The company’s fifty day moving average is $46.33 and its 200 day moving average is $46.31.

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.