Elevation Point Wealth Partners LLC lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 4,773.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 365,184 shares of the company’s stock after buying an additional 357,690 shares during the period. Elevation Point Wealth Partners LLC’s holdings in JPMorgan Income ETF were worth $16,824,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in JPMorgan Income ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 7,731,323 shares of the company’s stock valued at $357,883,000 after buying an additional 301,897 shares in the last quarter. Morgan Stanley raised its position in JPMorgan Income ETF by 25.8% in the fourth quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock worth $314,310,000 after acquiring an additional 1,393,857 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of JPMorgan Income ETF by 21.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after purchasing an additional 982,593 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of JPMorgan Income ETF by 45.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after purchasing an additional 1,181,828 shares during the last quarter. Finally, Heritage Financial Services LLC grew its stake in shares of JPMorgan Income ETF by 23.6% in the 4th quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock worth $131,863,000 after purchasing an additional 543,246 shares during the last quarter.
JPMorgan Income ETF Stock Performance
JPMorgan Income ETF stock opened at $45.89 on Friday. JPMorgan Income ETF has a 1 year low of $45.77 and a 1 year high of $46.61. The firm’s 50 day moving average price is $46.00 and its two-hundred day moving average price is $46.18.
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.
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