JPMorgan Income ETF $JPIE is Pinion Investment Advisors LLC’s 10th Largest Position

Pinion Investment Advisors LLC increased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 165.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 116,943 shares of the company’s stock after buying an additional 72,971 shares during the quarter. JPMorgan Income ETF comprises 1.5% of Pinion Investment Advisors LLC’s holdings, making the stock its 10th largest position. Pinion Investment Advisors LLC owned 0.09% of JPMorgan Income ETF worth $5,431,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Janney Capital Management LLC grew its holdings in shares of JPMorgan Income ETF by 8.8% in the third quarter. Janney Capital Management LLC now owns 53,716 shares of the company’s stock valued at $2,493,000 after purchasing an additional 4,333 shares during the period. Vicus Capital purchased a new position in JPMorgan Income ETF during the third quarter worth about $3,336,000. MGO One Seven LLC boosted its holdings in JPMorgan Income ETF by 43.1% in the 3rd quarter. MGO One Seven LLC now owns 21,387 shares of the company’s stock valued at $993,000 after purchasing an additional 6,446 shares during the last quarter. Williams Financial LLC grew its stake in shares of JPMorgan Income ETF by 0.7% in the 3rd quarter. Williams Financial LLC now owns 456,107 shares of the company’s stock valued at $21,168,000 after buying an additional 3,039 shares during the period. Finally, MorganRosel Wealth Management LLC grew its stake in shares of JPMorgan Income ETF by 22.5% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock valued at $6,857,000 after buying an additional 27,107 shares during the period.

JPMorgan Income ETF Stock Up 0.0%

JPIE stock opened at $46.36 on Tuesday. The firm’s 50 day moving average price is $46.33 and its 200-day moving average price is $46.32. JPMorgan Income ETF has a one year low of $45.01 and a one year high of $46.57.

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.