Modera Wealth Management LLC purchased a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 36,363 shares of the company’s stock, valued at approximately $1,632,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Partners Wealth Management LLC purchased a new position in shares of JPMorgan Income ETF in the 3rd quarter worth about $1,245,000. Founders Financial Securities LLC acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter valued at about $9,538,000. Sage Rhino Capital LLC grew its holdings in shares of JPMorgan Income ETF by 1.4% during the 3rd quarter. Sage Rhino Capital LLC now owns 64,858 shares of the company’s stock worth $2,911,000 after purchasing an additional 864 shares during the period. Howard Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF by 11.4% during the 3rd quarter. Howard Wealth Management LLC now owns 8,120 shares of the company’s stock worth $365,000 after purchasing an additional 834 shares during the period. Finally, D.A. Davidson & CO. purchased a new stake in shares of JPMorgan Income ETF during the 3rd quarter worth about $27,349,000.
JPMorgan Income ETF Price Performance
JPIE opened at $45.25 on Monday. The firm has a 50 day moving average price of $45.22 and a 200 day moving average price of $45.86. JPMorgan Income ETF has a 1 year low of $44.58 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.
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