JPMorgan Income ETF $JPIE Stake Increased by Signature Equity Partners LLC

Signature Equity Partners LLC increased its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 5,362.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,413 shares of the company’s stock after purchasing an additional 33,783 shares during the quarter. Signature Equity Partners LLC’s holdings in JPMorgan Income ETF were worth $1,545,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Rice Partnership LLC acquired a new position in JPMorgan Income ETF during the first quarter valued at approximately $30,000. MADDEN SECURITIES Corp purchased a new stake in JPMorgan Income ETF during the third quarter worth approximately $31,000. Torren Management LLC acquired a new stake in shares of JPMorgan Income ETF in the first quarter worth $34,000. Kings Path Partners LLC acquired a new stake in shares of JPMorgan Income ETF in the third quarter worth $62,000. Finally, GK Wealth Management LLC acquired a new stake in shares of JPMorgan Income ETF in the third quarter worth $67,000.

JPMorgan Income ETF Price Performance

Shares of JPIE stock opened at $45.05 on Tuesday. The company’s fifty day simple moving average is $45.21 and its 200-day simple moving average is $45.86. JPMorgan Income ETF has a 52 week low of $44.58 and a 52 week 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.