JPMorgan Income ETF (NYSEARCA:JPIE – Get Free Report) shares passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $45.22 and traded as high as $45.27. JPMorgan Income ETF shares last traded at $45.25, with a volume of 1,524,857 shares.
JPMorgan Income ETF Trading Up 0.1%
The business has a 50-day moving average of $45.22 and a 200 day moving average of $45.86.
Institutional Investors Weigh In On JPMorgan Income ETF
Large investors have recently made changes to their positions in the company. IFP Advisors Inc boosted its holdings in shares of JPMorgan Income ETF by 254.7% in the third quarter. IFP Advisors Inc now owns 46,720 shares of the company’s stock worth $2,097,000 after buying an additional 33,549 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in JPMorgan Income ETF by 11.7% during the second quarter. Sequoia Financial Advisors LLC now owns 7,131,321 shares of the company’s stock valued at $328,397,000 after buying an additional 747,797 shares during the period. William Mack & Associates Inc. grew its position in JPMorgan Income ETF by 82.9% during the second quarter. William Mack & Associates Inc. now owns 50,476 shares of the company’s stock valued at $2,324,000 after buying an additional 22,882 shares during the period. Kintra Wealth LLC increased its holdings in JPMorgan Income ETF by 47.1% during the second quarter. Kintra Wealth LLC now owns 848,974 shares of the company’s stock valued at $38,951,000 after buying an additional 271,777 shares during the last quarter. Finally, Rehmann Capital Advisory Group purchased a new stake in JPMorgan Income ETF during the second quarter valued at approximately $1,250,000.
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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