JPMorgan Income ETF $JPIE Shares Purchased by Kintra Wealth LLC

Kintra Wealth LLC boosted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 47.1% during the second quarter, Holdings Channel.com reports. The firm owned 848,974 shares of the company’s stock after buying an additional 271,777 shares during the quarter. JPMorgan Income ETF makes up approximately 2.0% of Kintra Wealth LLC’s portfolio, making the stock its 12th biggest position. Kintra Wealth LLC’s holdings in JPMorgan Income ETF were worth $38,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of JPIE. Huntington National Bank acquired a new position in shares of JPMorgan Income ETF in the 4th quarter valued at $26,000. Rice Partnership LLC acquired a new stake in shares of JPMorgan Income ETF during the 1st quarter worth about $30,000. Imprint Wealth LLC acquired a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth about $33,000. Torren Management LLC acquired a new position in JPMorgan Income ETF in the first quarter valued at about $34,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Income ETF in the fourth quarter valued at about $35,000.

JPMorgan Income ETF Stock Up 0.0%

Shares of JPIE stock opened at $45.62 on Friday. JPMorgan Income ETF has a 1-year low of $45.54 and a 1-year high of $46.61. The company has a 50-day moving average of $45.84 and a two-hundred day moving average of $46.00.

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.