Focus Financial Network Inc. Has $8.22 Million Holdings in JPMorgan Income ETF $JPIE

Focus Financial Network Inc. grew its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 44.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,616 shares of the company’s stock after buying an additional 54,710 shares during the quarter. Focus Financial Network Inc. owned approximately 0.08% of JPMorgan Income ETF worth $8,225,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Huntington National Bank acquired a new stake in JPMorgan Income ETF during the 4th quarter valued at $26,000. Rice Partnership LLC bought a new position in JPMorgan Income ETF in the 1st quarter valued at $30,000. Imprint Wealth LLC acquired a new position in JPMorgan Income ETF in the third quarter worth $33,000. Torren Management LLC acquired a new position in JPMorgan Income ETF in the first quarter worth $34,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Income ETF during the fourth quarter worth $35,000.

JPMorgan Income ETF Stock Performance

Shares of NYSEARCA:JPIE opened at $45.84 on Monday. The business has a fifty day moving average of $45.90 and a 200-day moving average of $46.08. JPMorgan Income ETF has a twelve month low of $45.65 and a twelve month high of $46.61.

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.