Western Wealth Management LLC purchased a new stake in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 45,572 shares of the company’s stock, valued at approximately $2,099,000.
Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp acquired a new stake in shares of JPMorgan Income ETF during the first quarter worth about $555,000. EverSource Wealth Advisors LLC boosted its position in shares of JPMorgan Income ETF by 26.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares during the period. NewEdge Advisors LLC boosted its position in shares of JPMorgan Income ETF by 13.9% in the 2nd quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after purchasing an additional 18,298 shares during the period. Raymond James Financial Inc. boosted its position in shares of JPMorgan Income ETF by 21.1% in the 2nd quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after purchasing an additional 123,935 shares during the period. Finally, Vienna Asset Management LLC grew its stake in JPMorgan Income ETF by 21.8% during the 2nd quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock worth $2,001,000 after buying an additional 7,735 shares during the last quarter.
JPMorgan Income ETF Stock Down 0.1%
JPIE opened at $45.84 on Friday. JPMorgan Income ETF has a 52 week low of $45.73 and a 52 week high of $46.61. The business’s 50 day moving average is $45.92 and its two-hundred day moving average is $46.11.
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.
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