JPMorgan Income ETF (NYSEARCA:JPIE – Get Free Report) saw strong trading volume on Monday . 9,306,194 shares traded hands during trading, an increase of 501% from the previous session’s volume of 1,547,652 shares.The stock last traded at $46.3550 and had previously closed at $46.34.
JPMorgan Income ETF Price Performance
The company has a 50-day moving average of $46.33 and a 200 day moving average of $46.31.
Institutional Trading of JPMorgan Income ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp acquired a new stake in JPMorgan Income ETF during the 1st quarter worth $555,000. Focus Partners Wealth raised its holdings in shares of JPMorgan Income ETF by 72.6% in the first quarter. Focus Partners Wealth now owns 99,990 shares of the company’s stock valued at $4,607,000 after buying an additional 42,063 shares during the last quarter. Park National Corp OH acquired a new stake in shares of JPMorgan Income ETF during the second quarter worth about $475,000. Centurion Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF by 17.6% during the second quarter. Centurion Wealth Management LLC now owns 53,534 shares of the company’s stock worth $2,480,000 after buying an additional 8,001 shares during the last quarter. Finally, Peterson Wealth Advisors LLC increased its position in JPMorgan Income ETF by 95.4% in the 2nd quarter. Peterson Wealth Advisors LLC now owns 29,350 shares of the company’s stock valued at $1,360,000 after acquiring an additional 14,332 shares during the period.
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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