Private Advisor Group LLC Purchases 48,983 Shares of JPMorgan Income ETF $JPIE

Private Advisor Group LLC raised its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 12.8% during the first quarter, Holdings Channel reports. The firm owned 430,196 shares of the company’s stock after purchasing an additional 48,983 shares during the period. Private Advisor Group LLC’s holdings in JPMorgan Income ETF were worth $19,819,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Huntington National Bank acquired a new position in JPMorgan Income ETF in the fourth quarter valued at $26,000. Imprint Wealth LLC acquired a new stake in JPMorgan Income ETF during the 3rd quarter worth about $33,000. Central Pacific Bank Trust Division acquired a new stake in JPMorgan Income ETF during the 4th quarter worth about $35,000. MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Income ETF in the 4th quarter worth about $35,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in shares of JPMorgan Income ETF by 351.6% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 849 shares of the company’s stock worth $39,000 after acquiring an additional 661 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of NYSEARCA:JPIE opened at $45.89 on Friday. The business’s 50-day moving average is $45.99 and its 200-day moving average is $46.18. JPMorgan Income ETF has a 1 year low of $45.77 and a 1 year high of $46.61.

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.