JPMorgan Income ETF $JPIE is Pinion Investment Advisors LLC’s 8th Largest Position

Pinion Investment Advisors LLC boosted its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 25.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 146,481 shares of the company’s stock after purchasing an additional 29,538 shares during the quarter. JPMorgan Income ETF comprises 1.7% of Pinion Investment Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Pinion Investment Advisors LLC’s holdings in JPMorgan Income ETF were worth $6,781,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of JPIE. Jones Financial Companies Lllp purchased a new stake in JPMorgan Income ETF in the 1st quarter valued at $555,000. EverSource Wealth Advisors LLC raised its position in JPMorgan Income ETF by 26.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares during the last quarter. NewEdge Advisors LLC raised its position in JPMorgan Income ETF by 13.9% in the 2nd quarter. NewEdge Advisors LLC now owns 149,989 shares of the company’s stock valued at $6,948,000 after purchasing an additional 18,298 shares during the last quarter. Raymond James Financial Inc. raised its position in JPMorgan Income ETF by 21.1% in the 2nd quarter. Raymond James Financial Inc. now owns 710,909 shares of the company’s stock valued at $32,929,000 after purchasing an additional 123,935 shares during the last quarter. Finally, Vienna Asset Management LLC raised its position in JPMorgan Income ETF by 21.8% during the 2nd quarter. Vienna Asset Management LLC now owns 43,197 shares of the company’s stock worth $2,001,000 after buying an additional 7,735 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPMorgan Income ETF stock opened at $46.22 on Friday. JPMorgan Income ETF has a one year low of $45.66 and a one year high of $46.61. The firm has a fifty day moving average of $46.18 and a two-hundred day moving average of $46.29.

About JPMorgan Income ETF

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.