William Mack & Associates Inc. raised its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 95.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,704 shares of the company’s stock after buying an additional 48,228 shares during the period. JPMorgan Income ETF accounts for approximately 1.4% of William Mack & Associates Inc.’s portfolio, making the stock its 10th biggest holding. William Mack & Associates Inc.’s holdings in JPMorgan Income ETF were worth $4,431,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its holdings in shares of JPMorgan Income ETF by 11.7% during the 2nd 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 last quarter. Bank of America Corp DE raised its stake in shares of JPMorgan Income ETF by 16.5% in 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 acquiring an additional 513,347 shares in the last quarter. Waverly Advisors LLC lifted its holdings in JPMorgan Income ETF by 7.1% in the 2nd quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock worth $122,853,000 after purchasing an additional 176,274 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in JPMorgan Income ETF by 1.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock worth $121,334,000 after purchasing an additional 31,981 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in JPMorgan Income ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 2,287,927 shares of the company’s stock worth $105,405,000 after purchasing an additional 123,329 shares during the period.
JPMorgan Income ETF Stock Up 0.0%
Shares of JPMorgan Income ETF stock opened at $45.11 on Wednesday. The stock has a 50 day moving average price of $45.26 and a two-hundred day moving average price of $45.88. JPMorgan Income ETF has a 12-month low of $44.58 and a 12-month high of $46.61.
About JPMorgan Income ETF
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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