JPMorgan Income ETF (NYSEARCA:JPIE – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $45.30 and last traded at $45.31, with a volume of 2277255 shares changing hands. The stock had previously closed at $45.34.
JPMorgan Income ETF Stock Up 0.3%
The company has a 50-day moving average price of $45.75 and a 200 day moving average price of $45.93.
Institutional Investors Weigh In On JPMorgan Income ETF
A number of institutional investors have recently bought and sold shares of the business. Huntington National Bank acquired a new position in shares of JPMorgan Income ETF in the 4th quarter valued at about $26,000. Rice Partnership LLC acquired a new stake in shares of JPMorgan Income ETF during the first quarter worth approximately $30,000. Torren Management LLC acquired a new stake in shares of JPMorgan Income ETF during the first quarter worth approximately $34,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Income ETF during the fourth quarter worth approximately $35,000. Finally, GHP Investment Advisors Inc. grew its position in JPMorgan Income ETF by 102.0% during the first quarter. GHP Investment Advisors Inc. now owns 1,010 shares of the company’s stock valued at $47,000 after purchasing an additional 510 shares in the last quarter.
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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