JPMorgan Income ETF $JPIE Shares Acquired by D Orazio & Associates Inc.

D Orazio & Associates Inc. boosted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 933,629 shares of the company’s stock after purchasing an additional 31,687 shares during the period. JPMorgan Income ETF accounts for about 5.5% of D Orazio & Associates Inc.’s portfolio, making the stock its 4th biggest holding. D Orazio & Associates Inc.’s holdings in JPMorgan Income ETF were worth $43,218,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Income ETF by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock valued at $344,800,000 after buying an additional 578,800 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of JPMorgan Income ETF by 21.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 5,592,163 shares of the company’s stock valued at $258,861,000 after buying an additional 982,593 shares during the period. Savant Capital LLC increased its stake in shares of JPMorgan Income ETF by 10.2% in the third quarter. Savant Capital LLC now owns 3,538,263 shares of the company’s stock valued at $164,211,000 after buying an additional 328,043 shares during the period. Heritage Financial Services LLC increased its stake in shares of JPMorgan Income ETF by 23.6% in the fourth quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after buying an additional 543,246 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Income ETF by 52.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after buying an additional 839,269 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $46.07 on Friday. The stock has a 50-day moving average of $46.12 and a 200-day moving average of $46.28. JPMorgan Income ETF has a 1-year low of $45.69 and a 1-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.