JPMorgan Income ETF $JPIE Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 25.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 266,874 shares of the company’s stock after purchasing an additional 54,424 shares during the quarter. NewEdge Advisors LLC’s holdings in JPMorgan Income ETF were worth $12,295,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Steinberganna Wealth Management grew its stake in JPMorgan Income ETF by 1.8% during the fourth quarter. Steinberganna Wealth Management now owns 13,806 shares of the company’s stock worth $639,000 after buying an additional 246 shares during the period. Fagan Associates Inc. raised its stake in shares of JPMorgan Income ETF by 3.3% in the 4th quarter. Fagan Associates Inc. now owns 7,775 shares of the company’s stock valued at $360,000 after acquiring an additional 250 shares during the period. Summit Wealth Partners LLC lifted its holdings in shares of JPMorgan Income ETF by 3.9% during the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock valued at $325,000 after acquiring an additional 260 shares in the last quarter. Archer Investment Corp lifted its holdings in shares of JPMorgan Income ETF by 9.1% during the 1st quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock valued at $165,000 after acquiring an additional 297 shares in the last quarter. Finally, Mayfair Advisory Group LLC increased its holdings in JPMorgan Income ETF by 3.1% in the 4th quarter. Mayfair Advisory Group LLC now owns 10,006 shares of the company’s stock valued at $463,000 after purchasing an additional 300 shares in the last quarter.

JPMorgan Income ETF Trading Down 0.0%

Shares of NYSEARCA JPIE opened at $45.84 on Thursday. The stock has a fifty day moving average price of $45.93 and a 200 day moving average price of $46.11. JPMorgan Income ETF has a 12-month low of $45.73 and a 12-month high of $46.61.

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.