S&A Financial Services Inc. Makes New Investment in JPMorgan Income ETF $JPIE

S&A Financial Services Inc. acquired a new stake in JPMorgan Income ETF (NYSEARCA:JPIE) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 35,680 shares of the company’s stock, valued at approximately $1,644,000. JPMorgan Income ETF accounts for approximately 1.1% of S&A Financial Services Inc.’s investment portfolio, making the stock its 27th biggest position.

Several other large investors have also recently made changes to their positions in JPIE. Huntington National Bank bought a new stake in shares of JPMorgan Income ETF during the 4th quarter worth $26,000. Rice Partnership LLC bought a new position in JPMorgan Income ETF during the first quarter valued at about $30,000. Imprint Wealth LLC bought a new position in JPMorgan Income ETF during the third quarter valued at about $33,000. Torren Management LLC purchased a new stake in JPMorgan Income ETF during the first quarter worth about $34,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in JPMorgan Income ETF during the fourth quarter worth about $35,000.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $45.84 on Monday. JPMorgan Income ETF has a 52 week low of $45.73 and a 52 week high of $46.61. The firm’s 50-day simple moving average is $45.92 and its two-hundred day simple moving average is $46.10.

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.