Salem Investment Counselors Inc. boosted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 181.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,411 shares of the company’s stock after acquiring an additional 20,911 shares during the quarter. Salem Investment Counselors Inc.’s holdings in JPMorgan Income ETF were worth $1,455,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its holdings in JPMorgan Income ETF by 11.7% in the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock valued at $328,397,000 after acquiring an additional 747,797 shares during the period. Bank of America Corp DE grew its stake in shares of JPMorgan Income ETF by 16.5% during the 1st quarter. Bank of America Corp DE now owns 3,616,685 shares of the company’s stock valued at $166,621,000 after purchasing an additional 513,347 shares during the period. Waverly Advisors LLC grew its stake in shares of JPMorgan Income ETF by 7.1% during the 2nd quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock valued at $122,853,000 after purchasing an additional 176,274 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Income ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock valued at $121,334,000 after purchasing an additional 31,981 shares during the period. Finally, Royal Bank of Canada increased its position in shares of JPMorgan Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock valued at $105,405,000 after purchasing an additional 123,329 shares during the last quarter.
JPMorgan Income ETF Stock Up 0.1%
NYSEARCA JPIE opened at $44.84 on Thursday. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week high of $46.61. The company has a 50-day moving average price of $45.41 and a 200-day moving average price of $45.77.
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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