Fiduciary Alliance LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 29.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,213 shares of the company’s stock after acquiring an additional 30,165 shares during the quarter. Fiduciary Alliance LLC’s holdings in JPMorgan Income ETF were worth $6,062,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Morgan Stanley boosted its holdings in JPMorgan Income ETF by 25.8% during the fourth quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after purchasing an additional 1,393,857 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of JPMorgan Income ETF by 45.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock worth $174,009,000 after buying an additional 1,181,828 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of JPMorgan Income ETF by 1,680.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,131,981 shares of the company’s stock worth $52,399,000 after buying an additional 1,068,410 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of JPMorgan Income ETF by 21.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock worth $258,861,000 after buying an additional 982,593 shares in the last quarter. Finally, Williams Financial LLC lifted its position in shares of JPMorgan Income ETF by 131.0% during the 4th quarter. Williams Financial LLC now owns 1,053,702 shares of the company’s stock worth $48,776,000 after buying an additional 597,595 shares during the period.
JPMorgan Income ETF Stock Up 0.2%
Shares of JPIE stock opened at $46.00 on Thursday. The stock’s fifty day simple moving average is $46.02 and its 200 day simple moving average is $46.19. JPMorgan Income ETF has a one year low of $45.77 and a one year high of $46.61.
JPMorgan Income ETF 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.
Featured Stories
- Five stocks we like better than JPMorgan Income ETF
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIE – Free Report).
Receive News & Ratings for JPMorgan Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
