Pennsylvania Capital Management Inc. ADV Increases Stake in JPMorgan Income ETF $JPIE

Pennsylvania Capital Management Inc. ADV lifted its holdings in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 453,100 shares of the company’s stock after purchasing an additional 19,208 shares during the period. JPMorgan Income ETF accounts for about 5.7% of Pennsylvania Capital Management Inc. ADV’s portfolio, making the stock its 4th largest position. Pennsylvania Capital Management Inc. ADV owned 0.27% of JPMorgan Income ETF worth $20,974,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. American Financial Advisors LLC grew its holdings in shares of JPMorgan Income ETF by 1,427.5% during the third quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock worth $11,941,000 after purchasing an additional 240,440 shares during the last quarter. MorganRosel Wealth Management LLC grew its holdings in shares of JPMorgan Income ETF by 22.5% during the third quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock worth $6,857,000 after purchasing an additional 27,107 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of JPMorgan Income ETF by 33.1% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock worth $6,036,000 after purchasing an additional 32,374 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of JPMorgan Income ETF by 5.5% during the third quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock worth $18,629,000 after purchasing an additional 21,085 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of JPMorgan Income ETF by 142.7% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 48,519 shares of the company’s stock worth $2,252,000 after purchasing an additional 28,531 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE stock opened at $46.17 on Friday. The stock’s fifty day moving average is $46.21 and its 200-day moving average is $46.30. JPMorgan Income ETF has a 52 week low of $45.60 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.