Peterson Wealth Advisors LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) by 6.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 442,990 shares of the company’s stock after acquiring an additional 28,356 shares during the quarter. JPMorgan Income ETF makes up 2.3% of Peterson Wealth Advisors LLC’s holdings, making the stock its 12th largest holding. Peterson Wealth Advisors LLC owned about 0.18% of JPMorgan Income ETF worth $19,886,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC grew its stake 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 purchasing an additional 747,797 shares during the last quarter. Bank of America Corp DE increased its holdings in 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 worth $166,621,000 after buying an additional 513,347 shares during the period. Waverly Advisors LLC increased its stake in shares of JPMorgan Income ETF by 7.1% in the second quarter. Waverly Advisors LLC now owns 2,667,808 shares of the company’s stock worth $122,853,000 after acquiring an additional 176,274 shares during the period. Envestnet Asset Management Inc. raised its position in JPMorgan Income ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,634,836 shares of the company’s stock valued at $121,334,000 after acquiring an additional 31,981 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of JPMorgan Income ETF by 5.7% in 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 period.
JPMorgan Income ETF Trading Up 0.1%
Shares of JPIE stock traded up $0.04 during mid-day trading on Thursday, hitting $44.84. 944,675 shares of the stock were exchanged, compared to its average volume of 1,509,239. The firm has a fifty day moving average of $45.51 and a 200 day moving average of $45.81. JPMorgan Income ETF has a 52-week low of $44.58 and a 52-week 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.
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