NewEdge Wealth LLC Buys 32,638 Shares of JPMorgan Income ETF $JPIE

NewEdge Wealth LLC lifted its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 6.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 567,053 shares of the company’s stock after purchasing an additional 32,638 shares during the period. NewEdge Wealth LLC owned 0.30% of JPMorgan Income ETF worth $26,124,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in JPMorgan Income ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 7,731,323 shares of the company’s stock valued at $357,883,000 after purchasing an additional 301,897 shares in the last quarter. Morgan Stanley increased its stake in shares of JPMorgan Income ETF by 25.8% during the fourth quarter. Morgan Stanley now owns 6,790,024 shares of the company’s stock valued at $314,310,000 after buying an additional 1,393,857 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of JPMorgan Income ETF by 14.2% during the first quarter. Sequoia Financial Advisors LLC now owns 6,383,524 shares of the company’s stock valued at $294,089,000 after buying an additional 791,361 shares during the period. Wells Fargo & Company MN raised its holdings in shares of JPMorgan Income ETF by 45.9% in the fourth quarter. Wells Fargo & Company MN now owns 3,759,117 shares of the company’s stock valued at $174,009,000 after acquiring an additional 1,181,828 shares in the last quarter. Finally, Heritage Financial Services LLC raised its holdings in shares of JPMorgan Income ETF by 23.6% in the fourth quarter. Heritage Financial Services LLC now owns 2,848,628 shares of the company’s stock valued at $131,863,000 after acquiring an additional 543,246 shares in the last quarter.

JPMorgan Income ETF Stock Down 0.1%

NYSEARCA:JPIE opened at $45.82 on Thursday. JPMorgan Income ETF has a 1-year low of $45.77 and a 1-year high of $46.61. The company has a 50-day moving average of $45.93 and a 200 day moving average of $46.13.

JPMorgan Income ETF 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.