Montecito Bank & Trust Has $4.19 Million Holdings in JPMorgan Income ETF $JPIE

Montecito Bank & Trust increased its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 29.2% during the first quarter, HoldingsChannel reports. The fund owned 91,043 shares of the company’s stock after buying an additional 20,570 shares during the period. Montecito Bank & Trust’s holdings in JPMorgan Income ETF were worth $4,194,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sheets Smith Wealth Management increased its holdings in JPMorgan Income ETF by 17.8% during the 1st quarter. Sheets Smith Wealth Management now owns 55,227 shares of the company’s stock worth $2,544,000 after purchasing an additional 8,345 shares in the last quarter. Founders Financial Securities LLC boosted its position in shares of JPMorgan Income ETF by 9.8% during the first quarter. Founders Financial Securities LLC now owns 189,908 shares of the company’s stock worth $8,753,000 after buying an additional 16,893 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of JPMorgan Income ETF by 1,680.7% during the fourth 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. World Investment Advisors raised its position in JPMorgan Income ETF by 11.9% in the 4th quarter. World Investment Advisors now owns 43,777 shares of the company’s stock valued at $2,026,000 after buying an additional 4,639 shares during the last quarter. Finally, S Harris Financial Group LLC bought a new stake in JPMorgan Income ETF in the 4th quarter valued at approximately $8,903,000.

JPMorgan Income ETF Price Performance

Shares of JPIE opened at $45.95 on Friday. JPMorgan Income ETF has a twelve month low of $45.77 and a twelve month high of $46.61. The company has a 50 day moving average of $46.03 and a 200-day moving average of $46.20.

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.