Lodestar Private Asset Management LLC Increases Position in JPMorgan Income ETF $JPIE

Lodestar Private Asset Management LLC increased its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 25.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 338,335 shares of the company’s stock after acquiring an additional 69,360 shares during the period. JPMorgan Income ETF comprises approximately 1.8% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 15th largest position. Lodestar Private Asset Management LLC owned about 0.37% of JPMorgan Income ETF worth $15,672,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. PDS Planning Inc increased its holdings in shares of JPMorgan Income ETF by 2.3% in the second quarter. PDS Planning Inc now owns 24,766 shares of the company’s stock worth $1,147,000 after buying an additional 546 shares during the period. NavPoint Financial Inc. increased its holdings in JPMorgan Income ETF by 38.2% during the 2nd quarter. NavPoint Financial Inc. now owns 297,192 shares of the company’s stock valued at $13,766,000 after purchasing an additional 82,093 shares during the period. Etesian Wealth Advisors Inc. boosted its position in JPMorgan Income ETF by 89.6% during the 2nd quarter. Etesian Wealth Advisors Inc. now owns 125,936 shares of the company’s stock valued at $5,833,000 after acquiring an additional 59,524 shares in the last quarter. IFP Advisors Inc boosted its position in JPMorgan Income ETF by 175.0% during the 2nd quarter. IFP Advisors Inc now owns 12,192 shares of the company’s stock valued at $565,000 after acquiring an additional 7,758 shares in the last quarter. Finally, InTrack Investment Management Inc bought a new stake in JPMorgan Income ETF during the 2nd quarter valued at approximately $1,343,000.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $46.19 on Friday. The business’s 50 day moving average price is $46.37 and its 200-day moving average price is $46.06. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.57.

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.