PNC Financial Services Group Inc. Purchases 55,643 Shares of JPMorgan Income ETF $JPIE

PNC Financial Services Group Inc. boosted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 28.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 250,805 shares of the company’s stock after acquiring an additional 55,643 shares during the period. PNC Financial Services Group Inc. owned 0.13% of JPMorgan Income ETF worth $11,555,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Rice Partnership LLC purchased a new position in JPMorgan Income ETF in the first quarter worth $30,000. Element Pointe Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 2.1% during the 1st quarter. Element Pointe Advisors LLC now owns 472,900 shares of the company’s stock valued at $21,787,000 after purchasing an additional 9,699 shares during the last quarter. Beta Wealth Group Inc. lifted its holdings in shares of JPMorgan Income ETF by 4.5% during the 1st quarter. Beta Wealth Group Inc. now owns 16,499 shares of the company’s stock valued at $760,000 after purchasing an additional 707 shares during the last quarter. True North Advisors LLC purchased a new stake in shares of JPMorgan Income ETF during the 1st quarter valued at $23,938,000. Finally, World Equity Group Inc. acquired a new stake in shares of JPMorgan Income ETF in the 1st quarter worth $247,000.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $45.79 on Friday. JPMorgan Income ETF has a 1-year low of $45.73 and a 1-year high of $46.61. The stock’s fifty day moving average price is $45.93 and its 200 day moving average price is $46.12.

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.