416,007 Shares in JPMorgan Income ETF $JPIE Acquired by Northland Securities Inc.

Northland Securities Inc. acquired a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 416,007 shares of the company’s stock, valued at approximately $19,257,000. JPMorgan Income ETF comprises approximately 18.5% of Northland Securities Inc.’s portfolio, making the stock its largest holding.

Other large investors have also recently modified their holdings of the company. American Financial Advisors LLC raised its stake in shares of JPMorgan Income ETF by 1,427.5% during the 3rd quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock worth $11,941,000 after acquiring an additional 240,440 shares in the last quarter. MorganRosel Wealth Management LLC raised its stake in shares of JPMorgan Income ETF by 22.5% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock worth $6,857,000 after acquiring an additional 27,107 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of JPMorgan Income ETF by 33.1% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock worth $6,036,000 after acquiring an additional 32,374 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Income ETF by 5.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock worth $18,629,000 after acquiring an additional 21,085 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of JPMorgan Income ETF by 142.7% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 48,519 shares of the company’s stock worth $2,252,000 after acquiring an additional 28,531 shares in the last quarter.

JPMorgan Income ETF Stock Performance

NYSEARCA JPIE opened at $46.07 on Monday. The company has a 50 day moving average price of $46.22 and a 200 day moving average price of $46.30. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week 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.