Leverty Financial Group LLC Raises Stock Position in JPMorgan Income ETF $JPIE

Leverty Financial Group LLC boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 335.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 977,616 shares of the company’s stock after purchasing an additional 753,292 shares during the period. JPMorgan Income ETF comprises approximately 8.1% of Leverty Financial Group LLC’s investment portfolio, making the stock its 3rd biggest position. Leverty Financial Group LLC’s holdings in JPMorgan Income ETF were worth $43,885,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Archer Investment Corp grew its position in shares of JPMorgan Income ETF by 9.1% in the first quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock valued at $165,000 after purchasing an additional 297 shares in the last quarter. Beta Wealth Group Inc. raised its stake in shares of JPMorgan Income ETF by 2.5% during the 4th quarter. Beta Wealth Group Inc. now owns 15,792 shares of the company’s stock valued at $731,000 after purchasing an additional 391 shares during the period. Walkner Condon Financial Advisors LLC lifted its holdings in JPMorgan Income ETF by 7.4% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 5,643 shares of the company’s stock worth $260,000 after purchasing an additional 391 shares in the last quarter. Stephens Inc. AR lifted its holdings in JPMorgan Income ETF by 6.1% during the 1st quarter. Stephens Inc. AR now owns 6,945 shares of the company’s stock worth $320,000 after purchasing an additional 400 shares in the last quarter. Finally, Blue Chip Partners LLC boosted its stake in JPMorgan Income ETF by 0.3% in the 1st quarter. Blue Chip Partners LLC now owns 147,558 shares of the company’s stock worth $6,798,000 after purchasing an additional 494 shares during the period.

JPMorgan Income ETF Stock Up 0.1%

JPIE stock traded up $0.03 during mid-day trading on Thursday, reaching $44.84. 953,945 shares of the company traded hands, compared to its average volume of 1,509,479. JPMorgan Income ETF has a 52-week low of $44.58 and a 52-week high of $46.61. The company has a fifty day moving average price of $45.51 and a 200-day moving average price of $45.81.

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.