Wagner Wealth Management LLC Has $36.72 Million Stake in JPMorgan Income ETF $JPIE

Wagner Wealth Management LLC grew its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 20.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 791,276 shares of the company’s stock after purchasing an additional 134,935 shares during the period. JPMorgan Income ETF comprises approximately 8.5% of Wagner Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Wagner Wealth Management LLC owned approximately 0.65% of JPMorgan Income ETF worth $36,723,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in JPIE. Parkworth Wealth Management Inc. acquired a new stake in JPMorgan Income ETF in the 2nd quarter valued at $29,000. Total Investment Management Inc. acquired a new position in shares of JPMorgan Income ETF during the 2nd quarter worth about $37,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of JPMorgan Income ETF in the 2nd quarter valued at about $62,000. Newbridge Financial Services Group Inc. grew its holdings in shares of JPMorgan Income ETF by 43.9% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,482 shares of the company’s stock valued at $69,000 after acquiring an additional 452 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of JPMorgan Income ETF by 26.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after acquiring an additional 343 shares during the last quarter.

JPMorgan Income ETF Trading Down 0.5%

JPIE opened at $46.29 on Friday. The business’s 50-day simple moving average is $46.34 and its 200 day simple moving average is $46.30. JPMorgan Income ETF has a 52-week low of $45.01 and a 52-week high of $46.57.

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.