224,324 Shares in JPMorgan Income ETF $JPIE Bought by Leverty Financial Group LLC

Leverty Financial Group LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the second quarter, HoldingsChannel.com reports. The fund purchased 224,324 shares of the company’s stock, valued at approximately $10,330,000. JPMorgan Income ETF accounts for approximately 2.0% of Leverty Financial Group LLC’s investment portfolio, making the stock its 10th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of JPIE. 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 in the last quarter. Fagan Associates Inc. raised its position 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 buying an additional 250 shares in the last quarter. Summit Wealth Partners LLC raised its position in shares of JPMorgan Income ETF by 3.9% in the 4th quarter. Summit Wealth Partners LLC now owns 7,012 shares of the company’s stock valued at $325,000 after buying an additional 260 shares in the last quarter. Archer Investment Corp raised its position in shares of JPMorgan Income ETF by 9.1% in the 1st quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock valued at $165,000 after buying an additional 297 shares in the last quarter. Finally, Summit Financial LLC lifted its holdings in shares of JPMorgan Income ETF by 0.4% during the 4th quarter. Summit Financial LLC now owns 81,671 shares of the company’s stock worth $3,798,000 after acquiring an additional 302 shares during the period.

JPMorgan Income ETF Trading Up 0.1%

NYSEARCA JPIE opened at $45.80 on Wednesday. The firm’s 50 day simple moving average is $45.89 and its 200 day simple moving average is $46.08. JPMorgan Income ETF has a 1 year low of $45.65 and a 1 year high of $46.61.

JPMorgan Income ETF 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.