Capital Analysts LLC Has $2.10 Million Stake in JPMorgan Income ETF $JPIE

Capital Analysts LLC increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 64.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,494 shares of the company’s stock after acquiring an additional 17,786 shares during the quarter. Capital Analysts LLC’s holdings in JPMorgan Income ETF were worth $2,095,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Huntington National Bank acquired a new position in shares of JPMorgan Income ETF during the fourth quarter valued at about $26,000. Rice Partnership LLC acquired a new stake in shares of JPMorgan Income ETF in the 1st quarter valued at about $30,000. Imprint Wealth LLC acquired a new stake in shares of JPMorgan Income ETF in the 3rd quarter valued at about $33,000. Torren Management LLC acquired a new stake in shares of JPMorgan Income ETF in the 1st quarter valued at about $34,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Income ETF in the 4th quarter valued at about $35,000.

JPMorgan Income ETF Stock Down 0.3%

JPIE stock opened at $45.43 on Friday. The stock’s 50 day simple moving average is $45.81 and its 200 day simple moving average is $45.97. JPMorgan Income ETF has a fifty-two week low of $45.42 and a fifty-two week high of $46.61.

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.