GC Wealth Management RIA LLC Makes New Investment in JPMorgan Income ETF $JPIE

GC Wealth Management RIA LLC acquired a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 11,937 shares of the company’s stock, valued at approximately $550,000.

Other large investors have also bought and sold shares of the company. Liberty One Investment Management LLC raised its position in shares of JPMorgan Income ETF by 45.0% in the 1st quarter. Liberty One Investment Management LLC now owns 69,548 shares of the company’s stock worth $3,204,000 after acquiring an additional 21,600 shares in the last quarter. Towle & Co. purchased a new position in shares of JPMorgan Income ETF in the 1st quarter valued at approximately $1,377,000. RMG Wealth Management LLC bought a new stake in shares of JPMorgan Income ETF during the first quarter valued at approximately $93,000. American Financial Advisors LLC boosted its position in shares of JPMorgan Income ETF by 0.4% during the first quarter. American Financial Advisors LLC now owns 261,282 shares of the company’s stock valued at $12,037,000 after purchasing an additional 1,115 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in JPMorgan Income ETF by 33.1% in the first quarter. Cetera Investment Advisers now owns 733,690 shares of the company’s stock worth $33,801,000 after purchasing an additional 182,265 shares during the period.

JPMorgan Income ETF Stock Up 0.1%

Shares of JPIE stock opened at $45.79 on Friday. The business’s fifty day moving average is $45.93 and its 200 day moving average is $46.12. JPMorgan Income ETF has a twelve month low of $45.73 and a twelve month 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.